28 Oct How to improve your store front for less
Bringing your storefront into the 21st century is a great way to improve the look of your business and attract shoppers into your store. Did you know that the Estevan Economic Development Board has available tax incentives for storefront and façade improvements? Well, it’s true! This program covers upgrades including lighting, new or upgraded awnings, exterior architectural features, upgraded windows and exterior walls, parking lot paving, landscaping, signage, and more.
“We developed these incentives with a couple goals in mind” explained Coal Transition and Economic Development Coordinator Richard Sadick. “The program will not only help to improve the appearance of your building facade but will also improve the look of our streetscapes and provide a more welcoming environment to work, shop and live.”
The incentive is available for any commercial property located within the City of Estevan that has undergone storefront/façade improvements. After an application is submitted to the Economic Development Board, the businesses may be granted a commercial municipal property tax exemption equivalent to 75% of the cost of the improvement to a maximum of $10,000 or the lower of the two. The tax levy exemption will be applied starting the calendar year after the improvement has been completed and will be spread equally over the three years.
So go above and beyond on the look of your storefront, pave your parking lot, or purchase a rundown building and upgrade it to your liking. With the City of Estevan Economic Development Façade Improvement program, you can invest in the look of your business without bearing a large cost.
*Terms and conditions apply. All applications are subject to the approval of the Estevan Economic Development Board.