The Calgary Inner City Builders Association has released a full report outlining the hidden cost of housing. This report quantifies and assesses the regulatory challenges and direct cost impacts on townhouse forms in Calgary’s established communities.
Establishing Credibility and Accountability
Improving Communities
Supporting Affordable Redevelopment
Realizing the Benefits of Redevelopment
CICBA’s mandate is to support redevelopment that is achievable, affordable, and sustainable. CICBA will accomplish this through open and transparent engagement
CICBA is a not-for-profit association that is comprised of diverse and passionate professionals, experienced builders, developers, renovators, trades, suppliers, and consultants.
Calgary is one of the largest cities in North America! Our land mass footprint is huge, and as a result redevelopment and densification are needed to keep this city at a sustainable level. Strong redevelopment plans will intercept increases in taxes, reduction of city services, and less consideration for inner-city communities.
Did you know that one infill, at a bare minimum, doubles the property tax for that property? This increase in tax comes without the need for new infrastructure, emergency services, parks, utilities, roads, schools, snow clearing and many other services.
Until now, there has never been a unified voice in the industry for small to medium development. Redevelopment faces many challenges, though they seem individualized to your community they are not. These challenges affect builders, developers, their partners, and most importantly the community and small businesses. Finally, a unified and equal voice for the industry.
An infill is the process or development of a vacant or under-used land within existing urban areas that are already developed. An infill can consist of demolishing a building and replacing it with a new home, or the development of residential, commercial or office buildings on vacant lots in existing neighbourhoods.
From starting with a builder and designer to completion of the home, including all permitting processes, can take 10-24 months.
Redevelopment uses existing infrastructure rather than creating new infrastructure. Ultimately this reduces the capital costs and investments required by the city in turn keeping property taxes lower. In fact, redevelopment increases the city tax base allowing for these communities to revitalize.
At CICBA not just anyone can be a certified member. We keep our standards high through a thorough vetting process. We have also established the CICBA Certified program giving the public better assurances of who they are dealing with. Coming soon…..
Redevelopment involves many different aspects of the building industry. CICBA has a large diverse member base equally representing all. Suppliers, professional consultants, skilled trades, specialists, realtors and builders each make up a vital part of the process. The organization is based on equality. No matter how large or small you are you will always be equal.
