The city of Guelph collected just over $31 million in development charges in 2019, up $10 million from the year before.
A year-end report shows the money came from 1,027 new residential dwelling units and 135,000 square metres of non-residential space.
Residential development was 81 per cent apartments and stacked townhouses including 200 accessory apartments were added to existing residences, bringing the total number of new units up to 1,227.
Also, 76 per cent of the non-residential space was warehousing and storage.
The report says that in 2019, the city invested $21.3 million in infrastructure required to accommodate growth. The most significant spending was on the following projects.
The city’s DC reserve funds has improved over 2018 due to an exceptionally strong year for DC collections for both residential and non-residential development and will positively impact Windsor’s ability to fund the projects identified in the capital forecast and achieve the growth targets prescribed by the official plan and the province.
“It will also serve to assist the city through the difficult economic outlook for 2020 and the expected longer-term recovery period,” the report concludes.
In 2019, the city invested $21.3 million in infrastructure required to accommodate growth. The most significant spending was on the following projects:
- Wilson Street Parkade
- Police Headquarters
- Niska Bridge
- Paisley Feedermain
- York Trunk