Developers pay for upgraded transit stations

Developers pay for upgraded transit stations

Developers pay for upgraded transit stations Being near good transport links is often a must-have for homebuyers and developers are prepared to ensure that their projects have the best transit facilities, even if they have to fund them. A number of Vancouver transit stations have been upgraded or newly built using funding from developers and it seems to be a good solution for everyone. For TransLink is means better facilities without extra cost to taxpayers; developers are able to attract buyers at higher costs; and buyers benefit from better transit links despite ultimately paying more for their home. Read the full story.