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Financial Incentives Program

The purpose of the financial incentives program is to stimulate and encourage development and redevelopment in three (3) key areas of the City; the Downtown, Allandale Centre, and the Georgian College Neighourhood.  Loan and grant packages are available for commercial and residential projects that increase the functionally of existing buidings, promote the development of vacant and underutilized sites, and improve or restore exterior building facades and signage.

Financial Incentive Progress Report (November, 2009)

Downtown Barrie: The Next Wave

The 'Next Wave' Community Improvement Plan presents an exceptional opportunity for the City to realize its strong, healthy, vibrant core.  Focused on the historic downtown, encompassing the Dunlop Street and Bradford Street corridors, the Plan encourages the revitalization of existing heritage buildings, as well as the development of uses that promote linkages to the waterfront and add diversity to the defined Community Improvment Aea.

Financial Incentive Package:

• Tax Increment Grant Program
• Application Fees, Permit Fees, and Special Fees Grant for Program
• Adaptive Re-use and Upgrade to the Building Code Program
• Facade and Signage Loan Program

Application Form- Downtown CIP

Allandale Centre Community Improvement Plan

The Allandale community can be considered a gateway to the older parts of the City of Barrie.  Allandale Centre is generally focused around the intersection of Bradford Street, Tiffin Street and Essa Road.  The Plan identifies the challenges imposed by the convergence of the road network at this location, and is intended to promote a variety of compatible neighbourhood development in addition to utilizing the distinctive characteristics of this area, including the historic Allandale Rail Station and the accessibility of Kempenfelt Bay.

Financial Incentive Package:

• Tax Increment Based Grant
• Cash-in-lieu of Parkland Dedication Grant
• Facade Improvement Loan
• Renovation Loan

Allandale Centre Community Improvement Plan

Application Form- Allandale CIP

Georgian College Neighourhood Strategy

The Georgian College Neighbourhood includes all of the Georgian Drive and Grove Street East Planning Areas and portions of the Alliance, Wellington, and Little Lake Planning Areas.  The boundary of the Neighbourhood is generally defined by a reasonable walking distance to the College.

This strategy has been implemented to highlight the importance of Georgian College to the City of Barrie, and demonstrates this unique opportunity to encourage safe and accessable student oriented housing while promoting increased density in the northeast end of the City.

Financial Incentive Package:

• Tax Increment Based Grant
• Cash-in-Lieu of Parkland Dedication Grant
• Renovation Loan

Application Form- Georgian CIP