Cranbrook Mayor Wayne Price feels the city is poised to see more residential development in the years ahead after a prolonged stagnant period.
Price says this will be a welcome change, as the city has not seen much in terms of new housing in recent years, despite Cranbrook’s efforts.
“Our staff has been going full out over the last two years on subdivision development approvals. We didn’t see much come out of the ground in that time, so it’s a little bit frustrating with all the work that has gone into it,” said Price.
“A lot of it was high-density residential construction that the city needs quite badly, but it looks like this year will be the year we start to see things come out of the ground.”
The Mayor is hopeful that 2025 will be a turning point for Cranbrook.
“We’re pretty optimistic that this year is going to be the start of a couple of years of a little bit of a residential boom in Cranbrook, so it’s going to be great to see,” said Price.
Cranbrook’s bureaucracy is ready to handle residential development permits that come through their office.
“We’re ready to go. We’ve had a lot of things in place for over a year now, so there should be a quick flow-through as far as development applications and permits go,” said Price.
While the city has not made any official announcements yet, Price has previously hinted at an incentive bylaw aimed at giving residential developers a boost.
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