It must tell something about the age we live in, but TV shows and movies dealing with zombies have been all over the place for a couple of years now. However, as a real estate lawyer representing large industrial corporations, there is something I fear more than an invasion of undead people on the lookout for fresh brains: the urban sprawl! And more specifically, the residential invasion of industrial areas caused by the urban sprawl.… Continue Reading
Community amenity contributions (CACs) are a prickly topic for developers. Over the past 10 or 15 years, British Columbia municipalities have increased reliance on these payments for funding public amenities, amidst continuing criticism from developers over the size of, and arbitrary process for determining and extracting, CACs.
Municipalities like Vancouver have two types of charges that they require developers to pay:
- development cost levies, which are clearly set out in legislation and which allow municipalities to collect money for infrastructure upgrades, transportation and affordable housing
- CACs, which are controversial charges municipalities can, but are not required to, negotiate from developers