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 Plan
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:
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.