Development Impacts Model

 

The Comox Valley Development Impacts Model has been created to provide an estimate of the community impact of proposed development projects across three dimensions:

  1. Temporary Construction Impacts, including local construction spending, local employment and development-related revenue to the City of Courtenay and Comox Valley Regional District.
  2. Ongoing Financial Impacts to City of Courtenay (Annual), which is an estimate of the net impact on municipal finances each year. It is based on the expected increase in property tax revenue and the expected increase in municipal expenditures generated by the project upon completion
  3. Additional Property Tax Revenue for other Local Authorities (Annual), which is an estimate of the additional revenue generated each year for the Comox Valley Regional District, Hospital District and School District.

 

Click to view Assumptions For CVEDS Development Impacts Model

 

Completed Impact Assessments

Riverwalk

Riverstone

Canadian Tire Relocation

Thrifty Foods Relocation

Coast Capital Credit Union

Tiger Lily Retirement Residences

Acadia On The Walk

Piercy Creek Estates

The Grove

Tim Hortons

Crown Isle Shopping Centre (Phase 1)

X