The BDZ Program was created by the Wheat Ridge City Council as a tool to stimulate the overall economic viability of the City of Wheat Ridge. The BDZ provides for a share-back of Use-Tax generated by development that meet the criteria established as “public or public related improvements.”
The program is designed to encourage the establishment and/or expansion of retail sales tax generating businesses within the City thereby, generating employment opportunities, expanding goods available and increasing the consumption of goods, while at the same time, providing public or public related improvements to the City at virtually no cost, or at a deferred cost to the City, its taxpayers and residents.
Up to 100% of Use-Tax can be “shared-back” to offset the cost of improvements.
For more information regarding BDZ Program or to receive an informational packet and application please the Wheat Ridge Economic Development Division at 303-235-2806.