The Corner Store grant program is targeted to Neighbourhood Commercial properties or properties that meet the commercial needs of local residents.
Targeted to Neighbourhood Commercial Areas
The area of commercial development within a residential neighbourhood located inside the Anthony Henday that is intended to meet the commercial needs of local residents. For the purposes of the Corner Store Program Policy, Neighbourhood Commercial Areas may be:
One Small Commercial Centre containing a low rise building with at least three commercial retail units at ground level, may also be referred to as small strip malls or mini-malls, and often have onsite parking lots at the front of the building, and on a property of no more than one hectare in area; or
A collection of several directly adjacent Standalone Commercial Buildings, each housing one or two commercial retail units at ground level, and all generally contained within no more than one full blockface.
There are 2 grant streams available for Eligible Commercial Properties with varying grant amounts.
Corner Store Stream Grant
The Corner Store Stream is available to Eligible Properties located in these recent or active Neighbourhood Renewal Areas. Consideration is given to neighbourhood commercial areas where there are opportunities to align with other City projects or initiatives. The grant amounts available to eligible properties are listed below.
Eligible businesses located within a participating property may be eligible for a reimbursement grant of up to 50% of eligible costs for initiatives that will improve the capacity, efficiency, productivity and/or competitiveness of the business, to a maximum amount of $1,000 per business.