Chilliwack keeps its competitive edge

No accident that Chilliwack was just cited for its low fees and tax regime, and quick turnaround process for building permits

Less red tape, taxes and fees in Chilliwack make it stand out on the provincial landscape for commercial development.

Chilliwack was just cited for its low fees and tax regime, and a very quick turnaround process for permits, in the 2014 municipal report card issued by Commercial Real Estate Development Association (NAIOP).

“It’s huge,” said Brian Coombes, president of Chilliwack Economic Partners Corporation, about the stellar report card results from the Vancouver chapter of NAIOP. “This is something City of Chilliwack has worked extremely hard for.”

It’s the second time this month Chilliwack has been recognized for affordable land and development costs, and tax structure.

It was also noted in the Colliers 2014 Lower Mainland study, Rising Cost of Industrial Occupier Facilities.

“Chilliwack is the number one, lowest-cost option (and Abbotsford is a close second) in the Lower Mainland to acquire land, design and build the benchmark facility, at almost $5.2 million,” according to the Colliers study.

“While Chilliwack and Abbotsford are in the Fraser Valley Regional District and officially outside the Metro Vancouver region, this shows how the two cities offer compelling value in terms of land and development costs and the municipality with the most competitive property tax structure in the Lower Mainland: Chilliwack.

In the City of Vancouver it would be just over $7.6 million to build the same facility, “representing a whopping premium of 46 per cent, not to mention annual property taxes that are 70 per cent higher than those in Chilliwack.”

So it’s no accident that these accolades are rolling in for Chilliwack, Coombes offered, and said the kudos in the NAIOP report card came in last year as well.

It’s noteworthy that the new numbers are coming from independent studies, and were not the result of City of Chilliwack press releases, he underlined.

When it comes to bringing jobs, investment and businesses to Chilliwack, CEPCO reps are aware it often comes down the financial bottom line for corporate decision-makers, despite the extremely high quality of life here.

So making sure the business environment is seen as “competitive and attractive” to business continues to be job one for CEPCO and the city, said Coombes.

The study results make it clear that Chilliwack has made it easier for developers to cut through the red tape and regulatory requirements to invest in new commercial development.

“It’s a competitive atmosphere in the Lower Mainland so a city like Chilliwack has to do something to stand out,” said Coombes.

Keeping the business tax multiplier at the lowest level possible sends a message to business leaders that they will not be punished.

“Not just saying it but doing it makes a difference,” said the CEPCO head.

City hall leadership made a conscious decision to facilitate factors that cut the red tape, and permit times.

He mentioned neighbourhoods like Garrison Crossing and the ones near the Vedder Rotary Trail, as well as Canada Education Park and the growing commercial base in Chilliwack.

“It’s a community with a bright future,” said Coombes.

Just Posted

Police watchdog probes man’s death in Chilliwack in alleged parental child abduction

Independent Investigations Office called in after police use Taser on man

Overnight snow buries Chilliwack in white

Nearly 27 cm fall over a 24-hour period

Missed opportunities haunt Chilliwack Chiefs in loss to Prince George

The better team lost in BCHL action Friday night as the Spruce Kings escaped with a 2-1 road win.

Book launch for Being Ts’elxwéyeqw is going ahead tonight

Sto:lo Research Centre is hosting the event, which was rescheduled and going ahead despite the snow

Downtown dispensary raided in Chilliwack

Police execute search warrant Wednesday, seizing pot, edibles, oils, cash, business records and more

The 2018 B.C. Games wrap up in Kamloops

The B.C. Winter Games comes to a close after a weekend of fun and excitment

B.C. boosts support for former youth in government care

More support coming for rent, child care and health care while they go back to school

Concert-goers unfazed by Hedley sexual misconduct allegations

Frontman Jacob Hoggard thanked fans from the ‘bottom of our hearts’ at Halifax’s Scotiabank Centre

Original B.C. Games participant-turned-sensei officiating 39 years later

Langley judo sensei was a competitor at the inaugural B.C. Winter Games 40 years ago

Snowfall warning, travel advisory in effect for Coquihalla

Coquihalla Highway between Hope and Merritt to receive 10 to 20 cm of snow Sunday

PHOTOS: Harnessing diverse abilities on the court at the B.C. Games

Basketball is one of two Special Olympics events at the B.C. Winter Games in Kamloops

B.C. VIEWS: Our not-so-New Democrats don’t rock the boat

Finance Minister Carole James takes the wheel, steers similar course

OLYMPIC ROUNDUP: Canadians all smiles after record medal haul

Team Canada is taking home a record 29 medals from Pyeongchang – 11 gold, eight silver, 10 bronze

‘All of us should be ashamed’: Calls for change after jury finds Raymond Cormier not guilty

Jury acquitted Raymond Cormier in the death of Tina Fontaine after 11-hour deliberation

Most Read