The Downtown Development
Incentive Program
An Overview
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The MissionCity Downtown Action Plan was approved by Council in 2013. The Plan provides
overarching policy direction for the development of Mission’s downtown core. The centre piece of the Plan includes ’10 Big Moves’ for Downtown. Big Move number 4 states that the District should “improve the economics of downtown development by introducing development regulations and incentives that improve the overall viability of downtown development”. Subsequently, Council approved the Downtown Development Incentive Program to achieve this ‘Big Move’.
What is the Development Incentive Program?
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The District of Mission has developed a suite of financial incentives to stimulate investment in the Downtown core. Property owners and merchants located Downtown can take advantage of a number of financial incentives. These incentives are meant to encourage new development and conversion of properties for mixed-use commercial/residential or residential only development. It also encourages the renovation of existing commercial storefronts. The development incentive program will accept applications until December 31, 2022.
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For more information on the incentive program, please visit the District’s website at:
www.mission.ca or contact either of the following:
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Manager of Long-Range Planning
604-820-3748
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Economic Development Officer
604-820-3789