Coquitlam plans to increase Development Cost Charges

Coquitlam is revising its Development Cost Charges (DCCs) to ensure new development helps fund essential infrastructure as the city grows. The city said in a recent press release that the updates align with recent provincial legislation and expand the scope of projects eligible for DCC funding.

The City updates its DCC bylaw every two years to reflect changes in development trends, land and infrastructure costs, and population growth projections. The proposed changes are expected to take effect by summer 2025, pending provincial approval.

Key Changes to DCCs

DCCs are fees developers and builders pay to help fund city infrastructure, including roads, sidewalks, utilities, and parks. Under the proposed update, DCCs will also support fire protection services, police services, solid waste and recycling facilities, and specific provincial highway projects under cost-sharing agreements. The City has incorporated funding for fire and police services into the DCC framework to ensure emergency services keep pace with population growth.

The City proposes an average 3% increase in DCC rates to balance rising construction costs and infrastructure needs. The press release notes the increase has been planned to keep costs as low as possible while ensuring adequate funding for growth-related projects.

Planning for the Future

Coquitlam’s long-term growth projections estimate 96,000 new residents over the next 30 years, requiring more than $2 billion in infrastructure investments. The City says its DCC updates will help ensure that new development contributes its fair share to maintaining service levels and quality of life for residents. Regular reviews will continue to adjust DCC rates based on market conditions, construction costs, and evolving community needs, it said.