2020 Economic Profile | Grande Prairie

Page 19

BUSINESS

municipal incentives

I N C E NT I V ES MUNICIPAL INCENTIVES

INDUSTRIAL ATTRACTION STRATEGY

DOWNTOWN INCENTIVES PROGRAM

The City of Grande Prairie is committed to working with its

The City of Grande Prairie is dedicated to the revitalization of

partners to offer a competitive advantage with respect to

the downtown core and its vision for a vibrant city center where

infrastructure, service levels and costs to commercial and

people live, work, and play. The Downtown Incentives Program

industrial development.

is designed to contribute to this vision by encouraging improvements and residential development in the City’s core. The program has three components: The Urban Residential Development Grant is designed to encourage property owners within the program boundary to invest in new development and/or redevelopment of their properties for mixed-use or multi-unit residential use. The Patio Grant

Grande Prairie’s Industrial Attraction Strategy is in place to ensure adequate water, sanitary and transportation capacity in priority expansion areas and the availability of commercial and industrial lands for development. Key priorities include: •

to development

provides a financial incentive for business owners to develop an outdoor patio space and encourage an increased public presence on the streets of downtown. Finally, the Demolition

Infrastructure and development, to mitigate barriers

Enhancing policy and procedures to ensure competitive standards and costs

Grant rewards property owners for removing underutilized buildings within the downtown core.

AREA STRUCTURE PLANS The City recently completed three Area Structure Plans (ASPs)

Launched in 2016, the program has awarded over $2.4 million

covering the majority of the new annexation areas in the north-

to 41 downtown businesses. Every dollar awarded in grant

west and northeast corners of the city. The Hughes Lake and

funding was matched by over $5 in additional investment in

Bear Creek North ASPs combined, cover over 3,800 hectares of

Grande Prairie’s downtown core. The incentives stimulated $14

residential, commercial and industrial land adjacent to the new

million in economic impact in the downtown to date.

highway 43x bypass, while the Northern Lights ASP establishes

cityofgp.com/downtownincentives

approximately 1,060 hectares of commercial and industrial land in the northeast corner of the city. The ASPs will guide growth

DOWNTOWN STREETSCAPE ENHANCEMENT

and provide direction for future land uses and infrastructure

& REHABILITATION PROJECT

within the plan area, offering landowners and developers guid-

The City has recently completed Phases 1, 2 & 3 of the

ance on development opportunities on their lands.

Downtown Streetscape Enhancement & Rehabilitation Project

cityofgp.com/development-plans/land-use-planning

on 101 Street, 100 Avenue and 101 Avenue. The $30.5 million project increased the capacity of underground infrastructure such as sanitary, storm and water facilities. A complete streetscape revamp for these phases included new surfacing, trees, benches, lighting and other features to enhance the city’s core. Phase 4 along 100 Avenue from 100 Street to 98 Street has been approved for the summer of 2021.

DOWNTOWN REHABILITATION | CITY OF GRANDE PRAIRIE

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2020 Economic Profile | Grande Prairie by City of Grande Prairie - Issuu