Prince Albert Downtown Business Improvement District | Importance of Downtown
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Importance of Downtown

Downtown is a symbol of:
  • Community economic health
  • Partnership between the private and public sector
  • Local quality of life
  • Community pride
  • Community history

Downtown is an important factor for industrial, commercial developers, and professional recruitment.

Downtown serves as a good incubator for new small businesses – the success of tomorrow. Strips and malls are often too expensive for new entrepreneurs. Lower rents make Downtown a good start up location.

Downtown represents independant business which:

  • Support local families
  • Support local community projects
  • Keep profits in town

Downtown helps reduce urban sprawl by concentrating activity in one area

Downtown is a major employer. Downtown Prince Albert holds approximately one quarter of all businesses in the city.

Downtown infrastructure is a major public investment. Only healthy businesses in buildings assessed at full value generate taxes that give taxpayers a return on this public investment.

Downtown revitalized protects property values in surrounding residential neighbourhoods.

Downtown rehabilitation work stimulates the local economy. Materials and labor for new commercial construction often come from out of town.

Downtown  is the heart of the community.

Downtown is an important community space where members of all segments of the community can meet equally for parades, speeches, and other community events.

Downtown can be a tourist attraction and is the location of a community’s unique businesses and buildings.

Downtown is where the arts and culture thrive.

 

 

Prince Albert Downtown Business Improvement District Office.
p. (306) 763-1802
f.  (306) 763-1820
1317 Central Avenue, Prince Albert, SK, S6V4W1