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www.mapleridge.ca Maple Ridge Employment Land Investment Incentive Program 2015-2018 Skilled Labour Access to Markets Available, Affordable Industrial Land Explore why this may be the
best place in Metro Vancouver to grow your business
Employment Land Investment Incentive Program 2015-2018 The land of opportunity It’s no secret that it can be incredibly expensive to operate a business in Vancouver: high overhead, a
lack of available land, congestion, and skyhigh housing costs for employees all drive up the cost of doing business. It’s why so many businesses are looking to locate in Maple Ridge.
We offer available and affordable land, access to markets, lower taxes and affordable housing. Access to markets The provincial government has invested over $1 billion in transportation
infrastructure in the region, making it easier and more affordable to move your goods and services throughout Metro Vancouver and the Lower Mainland, across Canada, and to the USA.
Lower costs for businesses Locating your business in Maple Ridge can be good for your bottom line: we not only have the most affordable industrial land in Metro Vancouver, businesses
enjoy lower taxes and development cost charges (DCCs). Employee recruitment and retention Maple Ridge is a family-oriented community that offers an exceptional lifestyle for your employees:
affordable real estate that’s only minutes away from the great outdoors and downtown Vancouver. To Qualify The project must be on identified Employment Land with the building permit
issued by December 28, 2018. Qualifying projects enjoy: • Building Permit Fee discounts • five years municipal tax exemption, with up to ten years for “green” projects • a host of other
benefits Tax Exemptions The basic municipal tax exemption applies for five years. “Green” projects may qualify for a total of ten years. To help achieve the maximum exemption, developers
are encouraged to explore the programs and valuable resources offered by energy companies. Energy Companies Companies such as FortisBC and BC Hydro have programs to assist with researching,
designing, building and financing alternative energy-efficient systems. Please let us know if you’d like to learn more about your options so we can help you connect with the appropriate
contacts and resources. They may be able to help you achieve the maximum tax exemption offered by the program. Brownfield Renewal Program Brownfields are under-utilized or vacant commercial
sites with actual or perceived contamination issues. These sites are often located in prime areas and have excellent redevelopment potential. The BC Brownfield Renewal Program and the
Federation of Canadian Muncipalities’ Green Municipal Fund provide tools, resources and funding to help restore these sites for highvalue commercial and industrial uses. For More Information
Application forms and details on the Employment Land Investment Incentive Program 2015-2018 are available at investmapleridge.ca Call 604-467-7320 or e-mail invest@mapleridge.ca for
more information. An Exceptional Metro Vancouver Investment Opportunity
Employment Land Investment Incentive Program 2015-2018 Employment Land Investment Incentive Program At-a-Glance Criteria: 1 Eligible Project Green Project4 Building permit must be issued
by Friday, December 28, 2018 New Construction or Renovation ≥ $250,000 New Construction or Renovation ≥ $250,000 See Map Employment Lands Employment Lands Incentive Package 1 Partnering
Incentive 2 50% of DCCs to a max. of $50,000 50% of DCCs to a max. of $75,000 Property Tax Exemptions 3 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 100% 80% 60% 40% 20% 0% Year 1 Year
2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Building Permit Fee Discount 5 Renovations: 50% plus additional $1,200
New building: 50% plus additional $6,000 Renovations: 50% plus additional $1,200 New building: 50% plus additional $6,000 Brownfield Support – tools, resources, potential funding Yes
Yes 1. Must also comply with all land use regulations; may require development variance applications; if a conflict exists between existing bylaws/regulations and this Program, the
former will prevail. 2. Fulfilment of agreed-upon Employment Land Investment Incentive Program’s reasons, objectives and principles as noted in Part 5 of the Maple Ridge Revitalization
Tax Exemption Employment Land Investment Incentive Program Bylaw No. 7112 -2014, to be negotiated on a project-by-project basis; maximum $500,000 in partnering incentives available
as at October 14, 2014. 3. Property tax exemption from general municipal tax portion, on non-market change in assessed value. 4. Enhanced level of incentives available for projects
achieving LEED-Silver or better certification, or for those choosing energy that does not consume non-renewable resources, and is not provided by BC Hydro, including solar, wind, water,
geothermal, and biomass. 5. Building permit discount not to exceed total building permit fee. Employment Land Investment Incentive Program -Ineligible Uses: Incentives apply to all
industrial uses defined in the Maple Ridge Zoning Bylaw, except the following uses: • Dance schools, fitness centres and gymnastics schools • Restaurants • Auction marts • Childcare
centres • Mini-warehouses • Retail warehouse operations (“big box”) • Parking of unoccupied commercial and recreational vehicles • Operations relating to medical marihuana • Indoor
commercial recreational uses
Employment Land Investment Incentive Program Map and Application Information Employment Land Investment Incentive Program 2015-2018 For more information Application forms and details
on the Employment Land Investment Incentive Program 2015-2018 are available online investmapleridge.ca Call 604-467-7320 or e-mail invest@mapleridge.ca for more information. The shaded
areas have been identified as being eligible for the Employment Land Investment Incentive Program. Additional employment land identified by Council may be added to the program. Currently
Identified Employment Land