Financial Incentive Program

When choosing to locate, develop and grow in the Town of Riverview, you can expect to benefit from some of the lowest commercial operating costs in all of North America, including unbeatable connectivity, flexible utility access, and a user-friendly permitting process.

Here, you’re able to be in the centre of an untamed wilderness while still being a stone’s throw away from an urban metropolis. To learn more about what makes Riverview a great place to grow and develop, visit Envision Riverview

If you’re an existing or aspiring developer, the Town of Riverview offers a Community Growth Grant for non-residential and mixed-use development projects that accelerate growth and development. Property owners that promote private-sector investment through development, redevelopment, and construction activity on underdeveloped or vacant commercial land are eligible to apply:

  • Successful applicants will receive a percentage of the post-project’s assessed economic value that will be administered on a declining scale over a number of years:

Projects valued less than $5,000,000 = grant over 5 years
Projects valued more than $5,000,000 = grant over 10 years        

  • Existing businesses planning to make a significant capital investment that increases the assessed value of their property by a minimum of $500,000
  • Businesses that have outgrown their current operations and are looking to expand through development or redevelopment activity
  • Private-sector investors who plan to develop, redevelop, infill or construct on vacant land, underutilized sites, or parking lots
  • First-time property owners looking to start and grow their business while adding to the vitality of the municipality

Our team of qualified experts are on-hand to help you with all of your development needs. Contact us today to get started or download our program criteria and application for more information!

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