As the cost of land and other goods has risen, the Township’s costs for new parks and roads in particular has shot up. Waite said the increases are based on the costs the Township is taking on through its DCC expenses. Industrial sites would see a 50 per cent increase, from $33.84 per square metre to $50.66.High-density apartments would rise 47 per cent, from $25,647 per unit to $39,256.Higher-density townhomes and low-density apartments would go up 64 per cent, from $32,705 to $39,256 per unit.Lower-density townhouses would increase 47 per cent, from $40,104 to $59,109 per unit.Single family homes would increase 83 per cent, from $48,356 per unit to $88,347.The Township increases would be the first in several years for local DCCs, and would be significant: “Development cost charges ensure growth pays for growth,” said consultant Jenn Waite of Urban Systems. On Monday, July 10, council heard from consultants with Urban Systems who had put together a proposal for adjusting development cost charges (DCCs), which are charged to every developer when a new home, industrial site, or store is built.ĭCCs are to cover the costs that local governments take on when there is new construction – building and maintaining new roads, sidewalks, street lights, local parks, and other local services.
Langley Township could have among the highest rates of development charges in the region, raising its rate for single-family homes by as much as 83 per cent, if a new plan is adopted.
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