The year isn’t over yet and 2016 is already one for the record books in Lake Country.
In the first 11 months of 2016, there is a year-to-date construction value of $91.7 million. On average since incorporation in 1995, there have been 76 single-family residences built each year, but in 2016, there were 142 alone, plus 47 new secondary suites.
“Lake Country was one of the first municipalities in the Okanagan valley a few years ago to approve registered secondary suite development zones to support a diversity of housing needs in the community,” said Mark Koch, director of community services.
“Council is very interested in making sure the housing in Lake Country is accessible to a wider range of people at all stages of their life.”
The growth in the tax base allows the municipality to continue to invest in amenities and infrastructure improvements, says Mayor James Baker.
“We adopted a new development cost charge bylaw to collect funds from land developers to ensure development pays its fair share of roads, drainage, water and sewer services for the projected population growth,” he said.