There are a number of great reasons to do business in Georgetown. The town is the capital of Kings County and has many attributes which should be considered for their contribution to economic development opportunities. These include the superb natural deep water harbour with a new multi-million dollar wharf. This harbour is relatively ice free compared to harbours on Northumberland Strait such as Summerside and Charlottetown. Access to the Harbour by truck is also very convenient with a truck route from Highway 3 to the Wharf facilities and is only a short drive from several larger centers. Businesses here benefit from the large market area and availability of quality human resources.
Other attributes include the following:
- All weather highway access
- 35 acres of available industrial land
- Industrial sewage system
- Three phase electrical power
- High speed internet with wireless capability
- Large trained workforce available
- Residential land available for subdivision development
Georgetown and Area Development Corporation
The Georgetown and Area Development Corporation is a non-profit corporation established to work with the local municipal council towards development and growth of business in Georgetown and the area.
Georgetown Residential Development Program
The Town of Georgetown offers a unique subdivision area to promote residential development. Contact the Town office at 902-652-2924 to obtain a copy of current lots available under this program.
Terms and Conditions of the Georgetown Residential Development Project
The terms and conditions are, whereas the Town of Georgetown has land available for development, which land the Town Council of Georgetown wishes to develop, and whereas the Purchaser wishes to construct a house in the Town of Georgetown, the Purchaser agrees to complete said construction within a two year period of transfer of land or the land will revert back to the Town of Georgetown and whereas the Purchaser agrees to complete landscaping within one year of the completion of said construction. Anyone entering into this program prior to the amended Georgetown Residential Program on February 20, 2018 are subject to the original terms, conditions and steps of the Georgetown Residential Program.
Should you decide to take advantage of the Georgetown Residential Development Project the following steps should be taken:
STEP 1: Submit to the Town a non-refundable sum of Five Hundred dollars ($500.00) and the lot selection of your choice based on availability. If the Town does not hear any communication with the client after 30 days, and further steps of this program have not been completed, the agreement to hold on to the land is dissolved.
STEP 2: Within 30 days of paying the non-refundable deposit on your chosen lot, submit in writing to the Town of Georgetown your confirmation to continue with the Georgetown Residential Development Project. Along with a preliminary set of house plans for approval and an additional non-refundable sum of two thousand and five hundred ($2500) dollars received, an additional 30 days will be given. (Dwelling must be a minimum of 20ft wide and a minimum of 1000sq ft) preliminary house plans must meet all national building codes and follow all guidelines of the Town of Georgetown development bylaws. Note: All legal fees relative to the issuance of the deed as well as surveying fees are included in this price. After receiving confirmation in writing of your plans to continue with the program, the Town of Georgetown will contact the Town’s solicitor for the preparation of the deed and transfer of land from the Town to the Purchaser.
STEP 3: Upon approval of the deed; the proper signing authorities on behalf of the Town will sign a deed and provide a survey plan for the said lot. The Town Administrator will forward building permit application and sewer hook-up application. The purchaser is required to sign a legal agreement on the above conditions. The purchase price for each lot will be three thousand ($3000) dollars with the deposit fee being part of the said price. The client has two years from the date of signed deed to complete the construction of the new house, if the construction has not been completed the land reverts back to the town.
- Pay $500.00 and pick lot
- In the next 30days submit house plans for approval
- Within 30 days of submitting your house plans for approval pay final $2500
- Complete construction of approved house plans within 2 years of the date of the signed deed