The number of construction permits issued in December was the lowest for the month since 2008, but helped bring overall activity in the sector in 2012 to its highest level in at least four years, according to municipal records.
With 387 construction permits issued for a total value of $133.3 million last month, 2012’s year-end total permit value was $2.05 billion, a 13 per cent increase from 2011’s total of $1.8 billion.
Helping to tip the scales was a permit valued at $48.3 million for PCL Constructors Canada Inc. to build the superstructure of a five-storey parking garage at Bayshore Shopping Centre. The city also issued a second permit, valued at $9.65 million, for PCL to build a three-storey addition onto the east end of the mall.
OBJ360 (Sponsored)
Preparing for 2025: A strategic guide to budgeting and financial planning
As we enter the fourth quarter of 2024, business owners must turn their attention to budgeting and financial planning for the upcoming year. Preparing your 2025 budget requires more than
Kingston emerges as climate tech hub with UK-based UNDO’s carbon removal initiative
Kingston, Ontario is establishing itself as a climate tech pioneer with the arrival of UNDO, a multinational corporation that is forging a path with its carbon removal solutions. UNDO, an
Claridge Homes was granted a $20-million permit to construct its 28-storey Plaza 4 apartment building on Besserer Street.
Most of last month’s top valued construction permits were part of large housing developments, such as Valecraft Homes Ltd.’s block of stacked rowhouses on Unity Street in Old Ottawa. The 12 permits were valued at $1.3 million each.
The top permits in December by value are:
Bayshore Shopping Centre
(100 Bayshore Dr.)
Contractor: PCL Constructors Canada Inc.
Description: Construct part of a five-storey parking garage superstructure at the north side of a three-storey retail building
Value: $48,275,000
Plaza 4
(195 Besserer St.)
Contractor: Claridge Homes Kanata Inc.
Description: Construct a 28-storey apartment building
Value: $20,000,000
Bayshore Shopping Centre
(100 Bayshore Dr.)
Contractor: PCL Constructors Canada Inc.
Description: Construct a three-storey addition at the east end of a three-storey retail building
Value: $9,650,000
3091 Strandherd Dr.
Contractor: Minto Communities Inc.
Description: Construct a one-storey retail building (shell only)
Value: $1,553,440
3101 Strandherd Dr.
Contractor: Minto Communities Inc.
Description: Construct a one-storey retail building (shell only)
Value: $1,427,787
460-482 Unity St.
Contractor: Valecraft Homes Ltd.
Description: Construct a block of 12-unit stacked rowhouses without garages
Value: 12 permits valued at $1,287,615 each
10-20 Streambank St., 599-609 Meadowcreek Cir.
Contractor: Mattamy Development Corp.
Description: Construct a block of 12 two-storey back-to-back rowhouses
Value: 12 permits valued at $1,169,667
187-197 Par-la-ville Cir., 311-321 Menorca Dr.
Contractor: Mattamy (Fairwinds North) Ltd.
Description: Construct a block of 12 two-storey back-to-back rowhouses with attached garages
Value: 12 permits valued at $1,149,000
177-185 Par-la-ville Cir., 301-309 Menorca Dr.
Contractor: Mattamy (Fairwinds North) Ltd.
Description: Construct a block of 10, three-storey rowhouses with attached garages
Value: 20 permits valued at $1,022,333
Plaza 234
(234 Laurier Ave. W.)
Contractor: Daoust Construction
Description: Interior alterations on the first and second floor of a 26-storey office building
Value: $1,000,000
140 Den Haag Dr.
Contractor: Unknown
Description: Construct an eight-storey residential building (excavation and foundation only)
Value: $1,000,000
