Value of building permits up $400M in 2013: city report

The City of Ottawa received $400 million more worth of applications for building permits than the year before, according to a new report from the municipality.

There was $2.4 billion worth of applications in 2013, according to the building code services report from the city. That’s an increase from $2 billion in 2012.

A city press release highlighting the report’s contents only makes reference to the value of applications received – it doesn’t say how many were approved.

There were 8,537 applications for building permits in 2013, according to the report. That’s up from 8,234 in 2012.

Of those, 6,726 were for new houses, which is a drop when compared to 6,584 in 2012.

“These figures are key indicators that Ottawa’s economy is moving along at a strong pace,” said Mayor Jim Watson in the news release.

“This was helped by some major construction projects, including the Rideau Centre and Bayshore Shopping Centre expansions, Lansdowne Park and Tanger Outlets development.”

Those applications brought in $25 million in revenue for the city’s building code services, which is self-funded through fees.

The full report will be presented to city council’s planning committee on April 8.