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Waterloo Chronicle (Waterloo, On1868), 15 Apr 2015, p. 12

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IJ-tut t mnnt‘ttmmlt‘u “stunted.“ \wtl 1% got i I b o o o e c Clty taxes 81! SldlZlIlg gI‘OWth fl 0 Continued Mme] commercial space over the ., ‘ ‘ noun-hum past five years _ _ _ _ _ - _ __ _ _ _ _ _ Regional council also Staffranascenan'o corn ' voted to extend its develop- . . paring the cost to redevelop ‘ merit charge exemption is a similar lot in both cities 0 ‘ ‘ matching program in the city v' and found it can be almost 0 O I i I i ' cores of Kitchener and (lam; twice as expensive to build in ' bridge to March 2019. and Waterloo than in Kitchener. ‘ ‘ gave Waterloo the option of “Most developers hope “TL: urine aft/Ar may“ with (H; coupo- ' reintroducing its own core for a 10 per cent profit. This _â€" _ . ‘ ' > ‘ exemption. “t is that 10 per cent," said I In 4P", 30'" 20” ' Staff estimate reintroduc» {>4 McFadden. He also said (Iity ‘ ing the exemption could cost of Waterloo residents help E â€"â€" l ' the city as much as $18 mil- subsidize development in ‘ i r I P I I E 'I ‘z! ‘ lion by 2019. Justin McFad- Kitchener and Cambridge gm ’ ' den. executive director of through their regional this “ â€"__- SAVE ! economic development with “(We’re) shootin Conn. Mark Whaley said 40lâ€"(‘ “flier St. N). W‘atedoo ‘ f ’ ‘ the city. said it is more likely . g this was akin to the city ‘19 883 8338 JED en; s 1?»: ‘ -aH ‘ ficosteajbout§l2ln21illion. ourselves In the “shooting ourselves in the - . - _ - T“ _ 5:“ V 3,1,. 5 a”: â€": . at p when incu a the " foot" by not only encouragâ€" u‘u'n'.wmelut:w‘trrloo.mm Y ‘ ‘ k ‘ addition of 2.800 residents fOOt ing more development out- - - - - - - - - - ~ - â€" - - and 2.000 officeâ€"relatediobs _(:oun.MmWhnk-y side of the city, but partially '- - - â€" - - â€" - â€" - - - nu â€" - â€" - - - - - - - - â€" 1 in [hf’l‘pwwn- an endinglhedeuelopmenl paying for it ash/ell. ‘ I I City staff suggested that (Mixemmpflon [mum] Scott Higgins, preSIdent since Kitchener and (Iamr subsidizingdewlopmem of Hip Developments, said I I bridge offer development ouLudethrily uptown Waterloo is still a charge exemptions and desirable place to build but ' 0/. I Waterloo does not, it puts $1.5 million still to be paid. the cost differences between - I I Waterloo at a competitive Over the past five years, Kitchener and Waterloo I ' disadvantage d héiweyer. evevelppmep‘t he}: means “Wagerloo must level ' ' Between l999 an 2009, s run In ateroo an on ' the playing eld.‘ Hip Develr I our PU" program W'fh FREE Shiner k” I exemptions helped the city 322 newresidential units and opinents recently bought the 50'9" 5/3I/t5 h» c add 1.081 new residential about 35,000 square feet of former Brick Brewery site on I / P Pg.“ .: units and more than 300.000 office space have been added King Street South near I » ‘t . :5 . -:J,§ square feet of office and in the uptown core. uptoer [H‘EIWEIHL DIWE . > {a commercial space in the Compare that to Kitchen» The report was only for I fig 5‘1"" .. core, er. which saw 1.482 new rest information and a final ‘ w“, v a It cost about $9.3 million dential units and 1.2 million repon and recommendation : 425 UNNERS’TY AVE E WmLm a 'r ‘. o’. :1 . , 4 , E I to implement, with about square feet of office and to councilisexpected in May. - 44- ‘m-Whet‘bolone y’-*’M% _' ‘ râ€"â€"--â€"-â€"--â€"--â€"-â€"â€"-â€"--â€"â€"â€"â€"â€"-â€"â€"â€"â€"-â€"---â€". . I v ' TOM'fiT‘t 'O'l Ch ' . Lu: e I ange . ~ , I THE LFUW K-W AN . Economx tub: 1’ " ' ' ‘ NUAL ‘ ‘ - $1 on CHANGE _ We”... / R Mutant {mam * " ' -,.- ' " ‘ ' 7 < ' ' C ‘ x ‘ . ./ SYNTHEm DROP on YOUR USED BOOK. 1 if . I . \~ // 0”. CHANGE .':)’LI“'E_‘ :‘L:f~17..I.‘7I‘I.~L'-‘ Jul-1:3: AUDIO BOOKS CBS. DVD EM.SS.0N “ . ‘ " -‘ AND MUSIC AT THE CHURCH -. ., . - mmnou . I .i KB TESTS wmmm » . A“ I Economy m " ’ my ,: f. ,~ WED. APRIL 22 FROM 9-9 : he.” . m w : ‘mmur 3-3717» “APR". 23 FROM H I mhllmomltt‘lm m m I ‘:;:::-“--‘“--‘-°-----‘--'--“ FOOT PAIN RELIEF Attention Busmesses... --- Sewmwvevedmmstmmptam « f“ ' “m 5,0!!! PB 88'0" VIEWS - » .. CUSTOM MADE ORTHOTICS NEEDED? l SKY“ RAPER .sa 1 .- - Pit-s4 option ortltoltr a tire designed to fillet/min toot knee All” km k t‘ W mm mm- 4. t . u . w . . mi. m a U“ SW ()lll foot Summits! iflhunnotlisti lotluy lot Vim . . i Mi .. H1. ., it on t, ,, 4}. m ill V, =__'.I a- (:ttlltlllt‘ll' Assessment .tntl H) laser twisltnti :‘tCtl E “.tnlfiiti vl'flllt‘ttt ‘ h 7“ â€"--»- ”I!" , . WIthHIs . in... I 49 95(i,.i..m 4, M- NO WAIT TIMES. ‘ 7 . J . . . , . . fl; .. . ’ ., .. e753» BOJan P. est. 0 Pod Mm 519-9511411153 I mfmtt'iy‘footcliatta E: . w it .. . .. ' â€"- “exam!” sewn- ,. ,-J;20£"<":95t ,N, ww witch, . . . . -._ .i. , y . i _ -',v«:.,. '93 nant'V’ww- , ., ..._.A r, ., in,” 50;. .1: ' ’ _~-_ . -1

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