Kamloops Tax & Development Incentives

The City of Kamloops has 3 Tax & Development Incentives, the Downtown Revitalization Program, the North Shore Development Program and the Heritage Resources Program.  The primary objectves for these incentives are to:

• Strengthen the viability of existing businesses,
• Stimulate and encourage new private investment.
• Encourage higher density rental residential development,
• Improve the image and attractiveness of the tax revitalization area, and
• Better utilize city infrastructure.  

Downtown Revitalization Program

The Downtown Revitalization Tax Exemption program is a tax incentive bylaw to encourage revitalization and new development in the Kamloops downtown City Centre. 

Click here to view the City Centre Plan.

Click here to view the Official Community Plan.

Click here to view the Map of Downtown Tax Exemption Boundaries.

Requirements

For projects involving new construction:

• The project must:

• include 50% rental residential floor area; or
• be a hotel/motel construction; or
• be a parking structure that includes public parking (only area of public parking will be eligible for exemption);

• The use must comply with the current zoning by-law, KAMPLAN; and
• Verification that all municipal taxes, utilities, rates, and charges are paid.

For projects involving alteration of exterior buildings:

• A minimum construction value of $100,000 or 30% of the previous year's assessed value;
• The proposed improvement adds value to the public realm;
• The use must comply with the current zoning by-law, KAMPLAN; and
• Verification that all municipal taxes, utilities, rates, and charges are paid.

Adding value to the public realm means that the project must contribute aesthetically, at minimum, to the streetscape.  Work that would be assessed as contributing to the public realm includes, but is not limited to:

• New building facade;
• Public art;
• Public open space (courtyards, plaza, gardens);
• Public street furniture;
• Public recreational amenities; and
• The addition of awnings or canopies above public pedestrian walkways.

North Shore Development Program

Click here to view the North Shore Development Guidelines.

Click here to view the North Shore Development Checklist.

Click here to view the North Shore Development Incentive Matrix. 

Heritage Resources Program

Click here for information on the Heritage Resources Program.

 Contact

If you would like more information about the Downtown Revitalization Program or the North Shore Development Program, please contact:

City of Kamloops, Planning and Development Services
105 Seymour Street, Kamloops BC V2C 2C6