Review of the Downtown & Community Renewal Community Improvement Plan & Related Financial Incentive Programs

Share on Facebook Share on Twitter Share on Linkedin Email this link

The City of Hamilton’s Economic Development Division is undertaking a review of existing financial incentive programs, and the associated Downtown and Community Renewal Community Improvement Plan (2016), which are provided to support the revitalization of specific commercial districts in the city (this review does not include the ERASE and LEED incentive programs). Areas where these programs are provided include:

  • Downtown Hamilton;
  • The Community Downtowns/Village Cores of Ancaster, Binbrook, Dundas, Stoney Creek and Waterdown;
  • Business Improvement Areas (BIA);
  • The Airport/Mount Hope Gateway; and
  • Strategic commercial corridors located within the urban area.

The goal of this review, which is undertaken by staff every five years, is to identify potential amendments which may be needed to ensure these programs continue to be well positioned to provide property owners, commercial tenants and developers with effective incentives that encourage investment through improvements to existing buildings as well as support new development opportunities that will contribute towards long-term goals and priorities for these areas

VIRTUAL PUBLIC WORKSHOP

A live virtual workshop was held on Thursday, October 29, 2020.
The project team provided a presentation about the project and provide opportunity for facilitated breakout discussions for participants to provide their ideas and feedback. Download the presentation (PDF), or watch the Presentation video. A summary of participant discussion & feedback is also available for download (PDF)

Community Engagement

A survey and virtual question period are available below until November 30, 2020

General Issues Committee Presentation

Proposed updates to the existing suite of financial incentive programs were presented for discussion to the General Issues Committee on March 24, 2021. At the March 31, City Council supported staff’s recommendation to bring forward the required implementing By-laws for a statutory public meeting at Planning Committee which is tentatively planned for June 15, 2021.

Review the report outlining staff’s proposals and to watch a recording of the General Issues Committee discussion Item 8.2.

The City of Hamilton’s Economic Development Division is undertaking a review of existing financial incentive programs, and the associated Downtown and Community Renewal Community Improvement Plan (2016), which are provided to support the revitalization of specific commercial districts in the city (this review does not include the ERASE and LEED incentive programs). Areas where these programs are provided include:

  • Downtown Hamilton;
  • The Community Downtowns/Village Cores of Ancaster, Binbrook, Dundas, Stoney Creek and Waterdown;
  • Business Improvement Areas (BIA);
  • The Airport/Mount Hope Gateway; and
  • Strategic commercial corridors located within the urban area.

The goal of this review, which is undertaken by staff every five years, is to identify potential amendments which may be needed to ensure these programs continue to be well positioned to provide property owners, commercial tenants and developers with effective incentives that encourage investment through improvements to existing buildings as well as support new development opportunities that will contribute towards long-term goals and priorities for these areas

VIRTUAL PUBLIC WORKSHOP

A live virtual workshop was held on Thursday, October 29, 2020.
The project team provided a presentation about the project and provide opportunity for facilitated breakout discussions for participants to provide their ideas and feedback. Download the presentation (PDF), or watch the Presentation video. A summary of participant discussion & feedback is also available for download (PDF)

Community Engagement

A survey and virtual question period are available below until November 30, 2020

General Issues Committee Presentation

Proposed updates to the existing suite of financial incentive programs were presented for discussion to the General Issues Committee on March 24, 2021. At the March 31, City Council supported staff’s recommendation to bring forward the required implementing By-laws for a statutory public meeting at Planning Committee which is tentatively planned for June 15, 2021.

Review the report outlining staff’s proposals and to watch a recording of the General Issues Committee discussion Item 8.2.