Economic Development

Why Washington?

  • A Downtown Square tax increment financing (TIF) district offers renovation and improvement subsidies.
  • A citywide Enterprise Zone offering 100% property tax abatement through 2030, plus sales tax waivers, tax credits, and other incentives.
  • A Revolving Loan Fund offers low-interest loans for non-construction improvements to help grow a business.
  • Existing retail and business spaces are available in multiple shopping centers and plazas throughout town. Dozens of acres of developable commercial property with full public utilities are also available.
  • A 50% reduction of all building and zoning fees, and utility connection fees, for properties in the Enterprise Zone.
  • No public site plan review process – most development plans for new commercial construction is reviewed internally by City staff with a quick turnaround time.

Economic Development Commission Members:

  • Elizabeth Heider
  • Kristi Howell
  • Brad Mahoney
  • Randy McGuire
  • Barb Plata
  • Troy Reed
  • Lisa Uphoff

washington square