City sees spike in building permit values

The city saw a nearly 50 per cent increase in the value of building permits issued last month, compared to January 2020.

In January, the city issued $11.5 million in building permits, up from $7.7 million in 2020 and $4.5 million in 2019, according to a report presented to city council this week.

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"We're doing really well. The growth continues," Coun. Garth Frizzell said. "The piece that is leading the way is our multi-family dwellings."

Last month the city issued permits for seven multi-family developments, worth a combined $4.3 million, as well as a new duplex worth an estimated $914,596.

Permits for two new commercial buildings, worth a combined $2.1 million, eight commercial renovations, worth an estimated $1.5 million, and permits for three single-family homes, worth a combined $1.6 million, also contributed to the monthly total.

A total of 32 permits were issued in January, down from 39 in 2020, but on par with 2019.

The Regional District of Fraser-Fort George saw an 843 per cent jump in the value of building permits it issued in January, compared to the year before, according to a report presented the district board of directors last week.

The district issued 12 permits, worth of combined $1.8 million in January, compared to eight permits worth $218,000 in 2020 and 10 permits worth $712,000 in 2019.

The district issued a permit for 3,000-square-foot building for parking fire response vehicles on Von Lienen Road in Hixon, worth an estimated $600,000.

Other permits of note included a new single-family home, worth an estimated $625,000, a new recreational cabin worth $250,000 and a pair of new accessory buildings worth a combined $288,000.

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