Designing Your Success: Funding Your Next Commercial Renovation

For business owners, a well-designed space is essential. But did you know that architectural and design fees can be covered as part of government grants for commercial renovations?

While standalone funding for design is rare, it's often an eligible expense within larger renovation projects. The key is to bundle your design needs with a qualifying capital upgrade.

Here’s how you can fund your next project:

• Direct Design Funding: The Toronto Commercial Space Rehabilitation Grant is a prime example, offering up to $24,000 in matching funds that explicitly covers architectural and engineering design fees for interior renovations.

• Façade and Building Improvement: Many cities offer grants to improve the look of commercial buildings. Toronto’s Façade Improvement Grant, for instance, provides up to $12,500 and covers design fees. In Richmond Hill, the Building Renovation Grant offers up to$100,000 for converting existing buildings into office space.

• Accessibility Upgrades: The federal Enabling Accessibility Fund (EAF) provides grants of up to $200,000 for projects like installing ramps and accessible washrooms, making your business welcoming to everyone.

• Green Design Pays: Designing to green standards like LEED can unlock lower operating costs and make your project eligible for other powerful incentives, like the federal 30% Clean Technology Investment Tax Credit.

Transform your commercial space with award-winning architectural design. We specialize in creating beautiful, functional environments that qualify for renovation grants and green incentives. Contact our team to start planning your project today!