Your Downtown Business Association encourages business owners within the Business Revitalization Zone (BRZ) to invest in façade renovations and store front upgrades through a grant program to cover a portion of renovation costs. These grants provide incentive to complete building upgrades which create a more interesting and appealing environment, attracting people and business to the area.
The program is intended to:
All buildings within the BRZ area that have no setback (built right up to the sidwalk) and are used for primarily retail or commercial purposes are eligible for this grant program (street-level occupants must be BRZ ratepayers). The program is available on a first-come, first-serve basis until the fund is depleted.
Eligible projects are required to reflect principles of good design. Please refer to The City of Red Deer’s C1 Commercial District Development Design Criteria for additional information.
Types and amounts of funding
Tier 1: Signage: Funding to cover one-third of the costs associated with new signage, up to a maximum of $1,000. Note: In order to qualify for the maximum amount in this tier ($1,000), the total cost of the project must meet or exceed $3,000. This tier cannot be combined with any other
Tier 2: Renovations: Funding to cover up to 50% of the cost of eligible renovations, up to a maximum of $5,000 (or up to $10,000 for buildings with two street-facing façades). Tier 2 excludes signage.
* Additional funding is available if costs are expected to exceed $10,000. Businesses can be awarded one-third of amounts exceeding $10,000 to a maximum of an additional $5,000. Please specify on application form.
The above is not an all-encompassing list. Other improvements may be eligible if they meet the objectives of the program.
Successful projects will strive to improve the exterior appearance, design and function of a building through meaningful and lasting improvement to the street-level view of the building.
Downtown Business Association releases Annual Report for 2017 The Red Deer Downtown Business Association (DBA) released its 2017 Annual Report, which shows a continued focus on advocacy for the Downtown businesses, promoting the Downtown…
Read More