Downtown Development District (DDD)
Smyrna isn’t just “Open for Business.” We’re ready for business.
In 2016, Governor Jack Markell announced the Town of Smyrna’s designation as a “Downtown Development District,” a State-supported, competitive grant and loan opportunity for growing towns. Smyrna was just one of five towns to be selected.
Property owners in the designated Downtown Development District areas are eligible for a variety of incentives from the State of Delaware, Kent County, and the Town of Smyrna. The most valuable of these incentives is a rebate of 20% of the construction costs from the State of Delaware for qualifying construction projects over $25,000. The Kent County Levy Court will match up to $10,000 for each awarded DDD grant, and the Town offers a variety of complimenting incentives relating to permit fees, impact fees, utilities, and more.
Learn more about State, County, and Local Incentives for Businesses in Smyrna:
- View Smyrna’s “Roundup” of State, County, and Town Incentives
- Learn more about Smyrna’s Incentives for Businesses
- Learn more about Delaware Historic Tax Credits
Learn more about Smyrna’s DDD designation:
Learn more about the DDD Program:
Smyrna’s Economic Development team can help you identify which incentives your property qualifies for, and information on how to apply. Please contact us to discuss.
Smyrna’s Economic Development Team can help you!