Jun 04, 2024

Alternative Approval Process underway for new City Hall

Ladysmith, June 4, 2024 - The Town of Ladysmith has begun the Alternative Approval Process (AAP) for a new City Hall. The new City Hall building includes purpose-built housing for middle-income renters, addressing a vital need in Ladysmith.

Key Points about the Project:

  • The new City Hall building will be a fully accessible one-stop shop for residents.
  • 80 to 90 planned rental units aimed at middle income earners.
  •  At least 20% of rental units will be 20% below market rate.
  • Approximate average future residential property tax increase is $7.17 per $100,000 of residential assessment.
  • Funded through asset renewal.
  • The project will revitalize Buller Street, create jobs and serve as a catalyst for future development in the area.
  • The current City Hall building is 72 years old and has exceeded its useful lifespan as a functional municipal building.
  • The Alternative Approval Process will end on June 25.

Additional information about the AAP process and the project can be found out the Town's website or by visiting https://www.ladysmith.ca/city-hall/elections-alternative-approval-assent-voting/alternative-approval---city-hall.