The City of Airdrie announced the launch of a comprehensive suite of downtown incentives aimed at revitalizing downtown.
“The City is committed to creating a downtown that serves as a vibrant hub for gatherings and enhances the economic value of the area,” said Mayor Peter Brown. “Economic prosperity is a key focus area for Airdrie Council and we’re hoping that these incentives will catalyze sustainable development Downtown.”
With incentive information live today and applications open May 1, these incentives are part of Airdrie’s proactive approach to supporting existing businesses, attracting new investment and fostering a lively, economically robust downtown core.
“By reducing urban sprawl and using vacant land, the City aims to create a downtown that attracts more residents, shoppers and visitors,” said Adena Malyk, City of Airdrie, Downtown Revitalization Coordinator. “We’ve heard from businesses and property owners that the beautification and façade improvement grants would positively impact businesses. We’re looking forward to receiving applications and supporting the transformation of Downtown.”
Incentives include:
- Parking structure subsidy: Helping developers mitigate construction costs for parking solutions that reduce the footprint of required parking and promoting efficient land use.
- Beautification: Facilitating the enhancement of business curb appeal and the pedestrian experience with spaces that are welcoming and enjoyable to use
- Facade improvement grant: Financial support for businesses looking to enhance the visual appeal of storefronts and streetscapes, encouraging a welcoming downtown environment.
- Patio grant: Funding for new and improved patios at food and beverage establishments, expanding outdoor seating and providing more space for customers to dine or relax.
- Activation and collaboration grant: Aiding entities in organizing events or programs that draw people into Downtown, contributing to its vibrancy and appeal.
- Environmental site assessment grants: Provides financial assistance for necessary environmental assessments, facilitating safe and cost-effective redevelopment projects.
- Expedited permit review process: A commitment to faster development permit decisions, streamlining the process for new projects and contributing to downtown’s momentum.
Businesses and developers eager to contribute to the revitalization of downtown Airdrie and benefit from these incentives are encouraged to visit WWW.AIRDRIE.CA/DOWNTOWN to review program details.
