Economic Development & Growth in Employment (EDGE) Incentive Program

Applicants must:

1. Be the owner of the property or have the owner’s written authorization to submit an application
2. Apply prior to the issuance of the first above grade building permit for development
3. Apply for site plan approval, if required, or apply for building permit approval, within one year of approval under the EDGE program
4. Agree to meet the Community Workforce Development Requirement, and
5. Agree to meet annual reporting requirements.

Eligible development must:
1. Be for an Eligible Sector/Use:
a. Biomedical operations
b. Convergence centres (for eligible uses listed)
c. Creative industries
d. Film studio complexes
e. Food and beverage wholesaling
f. Incubators
g. Manufacturing
h. Scientific research and development
i. Tourism attractions
jTransformative project
2. Be constructed and occupied within five years of approval under the program
3. Result in a minimum investment of $3 million in building construction costs for Eligible Uses
4. Increase the GFA for Eligible Uses by a minimum of 500 square metres unless considered a substantial renovation to an existing industrial building for an Eligible Use, in which case the GFA of the rehabilitated space must be a minimum of 1,000 square metres
5. Conform to all City by-laws, policies and processes, and all improvements must be made pursuant to an approved building permit and conform to the Ontario Building Code and applicable zoning requirements and development approvals, and
6. Conform, at a minimum, to the Toronto Green Standard performance criteria applicable to the development type at the time of application under this CIP. Where development is exempt from site plan control, the applicant will meet Toronto Green Standard performance criteria in a manner satisfactory to the Chief Planner and Executive Director, City Planning