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TransLink raises development fees for new projects to fund transit expansion, effective early 2026.
The TransLink board has approved an increase in development cost charges, which are fees imposed on new construction projects to help fund transportation infrastructure.
The adjustment aims to address rising project costs and support ongoing transit expansion efforts across the region.
The updated fees will apply to new developments starting in early 2026.
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TransLink eleva las tarifas de desarrollo para nuevos proyectos para financiar la expansión del tránsito, a partir de principios de 2026.