According to the City, over $154 million dollars in density bonus money has been collected in Burnaby. Over $94 million dollars in the Town Centre Accounts is available for the provision of future amenities. Are not improved transit infrastructures priority amenities for Metrotown and, indeed, all town centers? Certainly, people need things to do and spaces to do it in their neighbourhoods, but they also need to be able to travel easily and affordably within the region. Given the link between density and congestion, why are the Mayors not looking to this tool to improve transit regionally and locally?
Unlike the CTF, I’m not opposed per se to paying a little more sales tax or property tax to fund transit improvements. However, if cities insist on foisting density on selected neighbourhoods like mine, they need to contemplate using the money from density bonusing on transportation amenities.