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Maple Ridge to Push Commercial over Condos

Maple Ridge’s downtown condo-building incentive plan worked so well it kickstarted $100 million of construction in the downtown and cost the district only $1 million.

Now, Maple Ridge wants to see if the same trick will bring in more business and industry.

Council voted on a one-year extension of the commercial part of the town centre investment incentive program Tuesday, in an attempt to get every possible penny focused on commercial growth.

Under the three-year residential incentive plan, which expires Dec. 31, developers who built in the downtown got priority processing for their applications, fee reductions, tax exemptions and cash grants to put up their projects.

With that now ending, the commercial incentives only will be extended another year, ending in December 2014 – providing council approved the plan on Tuesday.

Read more: http://www.mapleridgenews.com/news/233538401.html

November 27, 2013by david.taylor@colliers.com

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David Taylor - Senior Vice President @ColliersCanada. Chronicling investment and development activity in Vancouver. Views are my own.

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vancouvermrkt Vancouver Market @vancouvermrkt ·
22 Feb

SOLD: East Vancouver Retail & Apartment Building
https://vancouvermarket.ca/2026/02/22/sold-east-vancouver-retail-apartment-building/

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northshorenews North Shore News @northshorenews ·
17 Feb

12-unit Gleneagles townhouse project proposed in West Vancouver

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vancouvermrkt Vancouver Market @vancouvermrkt ·
31 Jan

A new proposal has surfaced for the parking lot next to Waterfront Station.

The redesigned project includes a 26-storey, 416,000 SF office tower, shaped like a tree, cantilevered over the existing station building.

Architect: James Cheng

Details: https://bit.ly/46aUB0W

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vancouvermrkt Vancouver Market @vancouvermrkt ·
23 Jan

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