Danville
Benefits
- Obvious potential for tourism and commercial development (historical downtown, Village-Relay status, fine dining, nature park, cycle path, accomodations);
- Presence of a key player in the greenhouse industry;
- Attractive land prices;
- Property taxes among the lowest ones in the region;
- Mobilization around economical development (City, RCM, CFDC);
- Road connectivity (Access to Highway 116, adjacent to Highway 55);
- Attractive cost of living;
- Sustainable development positioning (Agenda 21);
- Agricultural zone development (PDZA).
Opportunities
- Funding available for economic diversification;
- Investment projects for established companies;
- Review of the RCM’s land use planning;
- Rising demand for tourism products and services;
- Rising demand for specialty foods;
- Emphasis on value-added services and technologies (knowledge economy) as a vector for advanced economy growth.
Industrial building purchase or construction program
- The City’s development corporation covers the building’s purchase or construction costs depending on the investor’s needs, who will then lease the building based on the required monthly payments
- The investor allocates all of its capital for production equipment as well as working capital
- Once the 7-year lease is completed, the company may redeem the building according the remaining mortgage balance or renew the lease
Property tax exemptions for the construction of a brand new building
- 1st year: 100%
- 2nd year: 50%
- 3rd year: 20%
For further details: http://www.villededanville.com/affaires.html