The North Shore Neighbourhood Plan represents a shift in a new direction of development standards and community expectations for the future of Kamloops. Directly supported by the citizens of the North Shore, the implementation methods and policies supported in this Plan are intended to not only showcase the unique qualities of the North Shore but were established to create more sustainable, environmentally and community-friendly development that speaks to the values and desires of the people who live, work and play there.
The North Shore Neighbourhood Plan identifies several types of development that could be eligible for a development incentive. The type of incentives offered can include a combination of:
- Tax Reductions
- Development Cost Charge Reductions
- Parking Requirement Relaxations
- Density Bonusing
- Public Realm Partnering
- Planning Process Priorities
These incentives are intended to provide the property developer with the financial capacity to incorporate innovative and environmentally responsible building forms and site layouts into a development by reducing upfront and long-term costs.