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Downtown Development Incentive Program fully subscribed for 2020

Post Date:09/30/2020 9:00 AM

Medicine Hat [September 29, 2020] – The Downtown Development Incentive Plan (DDIP) for 2020 is now subscribed.

 In 2011, the City of Medicine Hat launched the DDIP which is designed to contribute to the revitalization of the downtown core by encouraging building improvements and new residential and commercial development.  

 “It is wonderful to see the uptake on this program even through these challenging times,” says Sandra Blyth, Director of Economic Development, Invest Medicine Hat. “This incentive was created to support our local businesses in the development and beautification of downtown buildings, and leave a vibrant and engaging streetscape our residents get to enjoy and be proud of.”

 The DDIP offers downtown property owners a series of incentives to assist them in redeveloping or initiating new developments including: architectural and visual enhancements, commercial development, live-work residential development, multi-family development, and environmental assessments.   

 A total of 283 grants have been approved since inception in 2011 including restaurants, coffee shops, retail stores, commercial and residential developments, and professional services.

 “As a building owner downtown, the DDIP enabled me to update the exterior on a number of my projects,” says Kole Dalgleish, owner of Kolab and Kohab. “There’s just something special about downtown and even the smallest updates to the buildings can make a big impact to the vibe and help attract youthful entrepreneurs with big ideas.

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For media inquiries, please contact:

Sandra Blyth
Director, Economic Development
Invest Medicine Hat
sanbly@medicinehat.ca 

Colleen Graham
Director, Marketing and Communications
Invest Medicine Hat
colgra@medicinehat.ca   

 

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