Building boom in black and white – latest stats show Campbell River construction on the rise
July 25, 2013
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Construction in Campbell River continues to ride a growing wave – and is surging ahead of the Comox Valley.
Second quarter statistics released by Building Links on July 24 show year-to-date construction values total $55.7 million in Campbell River, $29 million more than last year. The construction values from Comox, Courtenay, Cumberland and the CVRD total $28.5 million – $17 million less in construction values than the City of Campbell River.
Construction values have declined during the first six months of 2013 compared to the same time period in 2012 in Comox, Courtenay, Cumberland and in the Comox Valley Regional District.
“The exception is Campbell River, where construction values have increased by more than 100 per cent from January to June 30 this year, compared to the same time in 2012,” writes Clarice Coty, Editor and Publisher of Building Links.
Campbell River has additional new projects going through the building permit process, and Building Links estimates that Campbell River will top $100 million in construction values this year.
“This shows that the City of Campbell River is doing something right with the cost and speed of processing applications, and your interaction with property owners and builders,” Coty says. “The lunch ‘n’ learn forums put on by your Land Use Department are also a way for staff to get to know builders and developers and to make sure everyone is aware of due process required to keep things moving forward.”
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If you want to see more statistics and keep up to date with construction news for the North Island, contact us today online or call us at 250.338.5466 to get Four Free Issues of Building Links.