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WATERLUO CHNNICIE - Wednesday, December 19. 2012 0 21 “' “ 'M YEAR END . I Increased charges a drag on development he ( my m Waterloo barrier to new construction is significantly different. In I recently commenced and potentially restrict jobs lundon, Stratl'ord, Chatham u rpm-w or Their may and economic growth. and Windsor. the develop- dunlml and non "mun-mm] l‘or business owners conâ€" ment charge for industrial I development mumps, sidering investments into land is zero. making invest- ; The forum“... and when. new communities. develop- ments highly attractive. . 1am)". ITkT-111.-mxmi(,.ny§. ment charges are a major Adding to the cost of . _ , tern. can he complex and consideration. Avison Young development charges is the r" < - A confusing, however the Commercial Real Estate price of land. In the City of ' #Y) (D ' ‘ W}? " I objective is u, identify infra. noted that high development Waterloo. the price is around __ ) ’ E ) /4 # [“‘\ z " ‘ structure [(‘quirt‘nu‘nls to charges in the (Treater'l‘oron- $300,000 per acre. ln Wind- 3 ) \ 3 'l - ‘9“ : . ': meet pron-(10d growth and to Area are forcing compa- sor. the price is $40,000. All 1" ‘ I" _ J . ’ " determine Wyn-(he, charges Tries to look at southwestem factors combined. the difl'er- ; S T 5 g‘ J /_ ' _ . V should he applied m new Ontario, where fees are con: entialsaremaior. \ \ \ I. Wit residential or nonresidential sidemhly lower. Waterloo city council did I \ I constmction. The (Iity of Waterloo and provide some relief by imple- ’ [,5 - ’ 3‘ As recent media mpg”; Waterloo Region. in geo- mentinga phase-in schedule 2 ' ' ' have Indlfulyd' approved graphic terms and in relation for new nonâ€"residential . L .3 "7" “ development charges pre- to the cost of doing business. development charges. Rates 1 ’ ’ ‘ sented a good news/had is located between the UTA will be frozen for 2013 and ’ 3 news scenario for local busi- and the rest of southwestern rise proportionally in 2014 I... ' ‘ - ness. The good news was a Ontario. antlZOlS. '. [1" " ' "9:7" ' drop in fees for home With the new charges. the The larger issue going for- ’ . , ._.” ' ; builders, which will hopeful- square foot development ward remains how will . ‘ ' ly maintain afiordable housâ€" charge in Waterloo is $16-17. Waterloo compete against “1,3” ‘ ’ A} j : . , ing prices. Ultimately. rising Compared with Markham municipalities across south- ~ min cum so. . - , development charges are and Oakville. at approxi- em Ontario in attracting new ' * , reflected in the costs ma cus- mately 523 sq/ft. we are in a investment and jobs. lgmmsopcfiflly growth in 800d 306111033“ m The mosfiecfive WHO 2008 TOYOTA 2008 TOYOTA 2008 TOYOTA r e ousingm etwill u com w1 some support tructureisnew not beconstmined, municipalities on the west- businesses creating jobs that AVHAlo'N XLS HIGHLANDER RAV4 SPORT The issue for city council. ern fringe of the GTA and in intumpay moretam 7" " ’l I"? . I ”0- SPORT UTILITY GREY/BLACK. however. was (he proposed Close proximity to Waterloo, Spiraling development I I 00F .’r1i'(j.‘,‘,‘.j.v' WHITE ”BElGE 4 DOOR 4 DOOR, AUTOMATIC y 20 per cent incmaseindevel- suclh as Misgisszuga and charges may becomeabarri- » . 7. .‘K‘J .-.~ I g .1 .21. I la SBSKM 910510 93,I9OKM, “0469 opment charges for non-rest Bur ington. t e c arses are er to economic growth. 5 s dential or commercial/ comparable W s I 9,995 24,995 I 6,995 industrial projects, Like the booking west of Waterloo Ian McLean ispmidemand residential sector. these addi- Regjon, the commercial and CEO of the GreaterK-W , ”om“ costs can become a industrial real estate market ChamberafCommerce 2008 YOYOTA 2008 TOYOTA 2009 TOYOTA TUNDRA YARIS SEDAN CAMRY LE AFTER HOURS PM ° ”2" ’ 5W 0"“ GREY/GREY, '2 DOOR .1 OCH? 1 V Y; ”My. 4 DOOR AUTOMATIC .r 90,659KM. M0504 :- A 2' ‘ 1W, 5'; 489KM, 3123135”; WALK'IN cum “9"” $10,333 5W9” Located at . 2010 NISSAN 2009 TOYOTA 2009 TOYOTA . Weber Med|ca| Centre . ALTIMA 2.5 S SIENNA LE TAKOMA 4 SILVER CHARCOAL WHITE/GREY. PICKUP “H :: ‘ 4 DOOR. CVT TRANS 4 DOOR, AUTOMATIC {LIN 11R? 1 .1 ODOR HEAITHCARE I ‘3 33553 g. 78,739KM, “0514 72,450KM, “0557 02 2mm. 11.3.11 33.3,. i=1 .3 $ 1 3,995 $20,995 $24,995 3 I. 1 - . 1an1” rt Wm. OPEN mt. 2010 TOYOTA 2010 TOYOTA 2011 SCION E v 3 3 p 1 1"? COROLLA S MATRIX xD HATCHBACK LA . ° ‘. 3W”, . sum (:er SPORT WAGON, MAROON/BLACK, rl ' .’ no.1" we 1 1 ”00" ”WW ORANGE can 4 DOOR 4 DOOR, 40R MANUAL MOH- , X. A It} . Indolen- .1 wow :1cwm 73 205m “0557 90,000KM,a1051a 8pm ., s 1 3,888 $12,991 $1 7,444 a _, ’1'. ~ 0 , .- 2pm .» , , _ ‘ ' " ' 201 I TOYOTA 201 l TOYOTA 201 l TOYOTA 4 RUNNER LTD RAV4 LTD VENZA BLACK; BLACK, WOW ‘TI'LIIV SILVER CREAM ' 4 DOOR. AUTOMATIC I' I 1' MY 1 I «(up .1 DOOR AUTOMATIC Weber Medical Centre .._ .W.. $40,995 $29,995 $24,991 ' , WE HAVE OVER 175 FORBESIDIZED USED VEHICLES READY FOR DELIVERTI , â€" _ , , ‘ . ; J, , ,1, at, TOYOTA as: Colby Dr, Waterloo F .;.;..‘..H_. 3', - -' ' 5 I 9 885'2000 M 1