What Is the Full Lifecycle Cost of Development?
Quick answer: The lifecycle cost of development includes more than the initial construction of municipal infrastructure. Roads, pipes, pumps, drainage systems, and other assets also require inspection, maintenance, rehabilitation, and eventual replacement.
Why this matters
A project can appear affordable at the time of approval but create long-term obligations after the new infrastructure becomes part of the municipal asset base. Good planning considers both the up-front capital requirement and the recurring or future replacement costs.
How this relates to Sam Sinjari’s platform
Sam Sinjari’s responsible-growth and capital-transparency proposals call for development and infrastructure decisions to be evaluated together rather than separately.
Research basis: Population-growth and infrastructure research; Municipality of Lakeshore development-charge and asset-management context.