Council looking at investing $35M in established communities - News Summed Up

Council looking at investing $35M in established communities


The city is hoping that by investing more money to improve the public realm in Calgary's established communities, developers will get more interested in spending money there. There would also be $5 million spent on improving utilities in those communities to accommodate growth and replace aging underground infrastructure. A map provided by the City of Calgary indicates where money could be invested to improve the public realm in established communities. The goal is that by making those established communities more inviting for development, it could help generate more property tax revenue for the city. He referenced other established communities which could use more public investment as a way of attracting greater interest from developers.


Source: CBC News April 30, 2020 03:33 UTC



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