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IB NEWS Continued from page 12 charg es. + Five more storeys at 145 Columbia St. W.. erating almost $1 million in charge City Shall levies devel- opment charges to help pay for roads, pipes and other infrastructure. Builders pay the fees but may then pass costs on to homebuyers. Regional! government and school boards levy development charges as well. e data shows office andl commercial constru tion has plunged in Water. loo, the historic office cap- ital of the region. Lauder points to offices emptied by the COVID-19 pandemic. The rise of re- plo: id developers unclear about demand for more space. “We're hearing from folks that the office mar- ket is certainly unsure,” Lauder said. "I think the market is still trying to figure out: what does the new work model look like? And what's the role of the office?" He said online retailing may be dampening de- mand for new retail space. David 4 Bebee/Wateroo Region Record Anew tower going up at the Barrel Nard is is framed by existing ones on Father David Bauer Drive in Wate! City hall collected just $320,000 in development charges for new office and business construction last year. This compares to al- most $3 million collected in 2016. THE CITY OF Ai 'e 1a (oye) PROPOSED FEE CHANGES the City of Waterloo will consider fees for P which will be held on Monday, June 12th, 2023. The related staff reports will be publically available on the city's website, under the Council calendar page, on June 1st, 2023. Meeting details regarding the proposed new fees are as follows: Monday, June 12th, 2023 (at a time still to be determined) City of Waterloo Council Chambers (third floor) Waterloo City Cent: 100 Regina St. S., Waterloo Anyone wishing to make a ot orey to Council, please call 519-747- 8549 prior to 10:00 a.m. on Friday, June 9th, 2023 so that e spect to the agenda. In addition, a written summary of your filed with the City of services divisions prior to the meeting. For more information about this process, email clerkinto@waterloo.ca or call 519-747-8549, 941 waterloo.ca 86-155 TT 866-78: 51 READERS’ CHOICE ' 00 CHRONICLE READERS’ CHOICE ) AWARDS 2023 Eiae re AWARDS 2023 The Readers’ Choice Awards were created for you to tell us which local businesses and service providers are the best at what they do! Once the nom- inations close, the nominees will be shortlisted and you will have another chance to vote for your favourite. NOMINATE TODAY to help make your favourite local business become a Readers’ Choice Nominee. waterloochronicle.ca €70z ‘} aunr ‘epsiny, 3 i 3 fey Fa 3 g eo'9]91UOIYDOOLLE}2M