Development Cost Charge

• Newly built homes in Kelowna could cost more

  A plan by the City of Kelowna to build park infrastructure in existing and newly acquired greenspaces may result in new homes costing more.

  Economy

  Sep 17, 2019
  
• B.C. introduces legislation so TransLink can charge developers to fund transit plan

  TransLink is proposing a charge of anywhere between $1,200 and $2,100 per new residential unit, and between $0.50 and $1 per commercial square foot.

  May 7, 2018
  
• Advertisement
• TransLink hoping to charge developers at least $1,200 per unit to pay for transit plan

  The mayor's council hopes to raise about $20 million per year through the charges.

  Dec 7, 2017