Development Accelerator Program (DAP)
The City of St. Albert is committed to expanding non-residential development in the Lakeview Business District which will help support the goal of balancing the city’s overall tax assessment, and increase business and employment opportunities.
About the Program
Creation of the Development Acceleration Program (DAP) is intended to catalyze and accelerate early development of serviced industrial and commercial land in Lakeview Business District, through a financial incentive to companies who undertake initial-stage land development and building construction.
The DAP will offer a reimbursement-based incentive tailored to encourage early-stage development. The program will have a two-phase approach and offer up to $110,000/acre for land development and construction of light to medium industrial and commercial buildings in Lakeview Business District.
Detailed information can be found in the following Program Guideline documents.
The program will start accepting applications in January 2026.
Have questions? Reach out!
Andrew Blackburn
Investment Attraction, Lakeview
Phone: 825-523-4542
Email: ablackburn@stalbert.ca