Duration of Program
Continuing, on a funds-available basis.
Qualifications & Restrictions:
Available to businesses in designated Downtown Specialty Retail Districts
-
5th Avenue
-
Marshall Way/Craftsman Court
-
West Main
-
Old Town
Projects must be initiated no later than December 12, 2006.
If an owner decides to invest in their property by adding square footage, (a minimum of 20% of the existing building gross floor area), the following specific incentive program is offered at the project level if:
- Building heights are limited to a maximum of 36 feet.
- Building designs are consistent with the Downtown Architectural and Urban Design Guidelines.
- Construction initiates within a three-year period.
- When appropriate, and considering the scale of the proposed development, a parking agreement that makes the office-parking component available to the public after office hours.
- Specialty District Incentives Overview (pdf / 32 kb / 3 pgs)
Fee Reductions Allowed:
If an individual project within the Specialty Retail District qualifies, it may enter into an agreement with the City and receive the following:
- Reimbursement of construction sales taxes on new development projects that can demonstrate a public benefit. This rebate would consist of 1% of the City’s General Fund portion of the construction sales tax.
- Waiver of building and permitting fees for Design Review, Building and Engineering Plan Review and Final Building Permits with a maximum total waiver of 2% of the total construction cost per project.
Fee waiver and tax rebate are based on application and approval by Deputy City Manager.
Contact:
Downtown Team / Economic Vitality
Harold Stewart - (480) 312-2311or HStewart@ScottsdaleAZ.gov