Downtown Development District
Downtown Development District
On August 10, 2016, Governor Jack Markell announced the Town of Georgetown's designation as a Downtown Development District (DDD). Qualified investors in the designated District will be eligible for a variety of incentives from the State of Delaware, Sussex County, and the Town of Georgetown. Grant rebates of up to 20% of construction costs from the State of Delaware for qualifying projects over $25,000 are available, along with other State incentives. The County will match a portion of the State's rebate, and the Town is offering a variety of incentives relating to fee reductions and waivers, property tax increase phase-in, impact fee reductions, and grants.
Additional information about Georgetown's Downtown Development District can be found by following the links below.
Downtown Development District News
Listed below are news stories regarding Georgetown's Downtown Development District. New posts will be added as they are made available.
Downtown Development District Plan
Incentives
The Town of Georgetown is offering a variety of incentives relating to fee reductions and waivers, property tax increase phase-in, impact fee reductions, and grants, which have been adopted for the Downtown Development District. Town incentives include the following:
• Property Tax Increase Phase-In
• Business License Fee Waiver
• Accelerated Development Review Process
• Building Permit Fee Reduction
• Emergency Services Fee Reduction
• Georgetown Recreation, Education, and Arts Trust Fund Fee Reduction
• Water Impact Fee Reduction
• Sewer Impact Fee Reduction
• Sign, Façade, and Awning Grant
Qualified investors in the Downtown Development District are also eligible for a variety of incentives from the State and County. Please use the links below to find out more about these incentives:
Map and Property Information
A PDF link to Georgetown's adopted Downtown Development District boundary, as well as a link to a map of all designated Districts within the State of Delaware, is below:
Presentations
Listed below are all presentations that have been created for the Georgetown Downtown Development District (DDD) project. The Town facilitated a DDD Launch Presentation on January 10, 2017. This presentation provides very detailed information about the Downtown initiatives by the Town of Georgetown, Sussex County, and the State of Delaware agencies.
Resources
Listed below are several resources that have been collected to assist in providing specific information relating to the Downtown Development District programs.
Archives
Listed below are superseded versions of Georgetown's Downtown Development District Plan and Boundaries, listed here for archival purposes only.