Construction intentions in the region slowed significantly last month, despite a high number of permits issued by the City of Ottawa, according to municipal records.
A total of 507 permits were issued in January, with a combined value of $116.96 million – a 42.4 per cent decrease compared to the same period in 2012, and the lowest overall value for that month since 2010.
The decline is despite the fact that January saw a five per cent increase year-over-year in the number of permits granted, up from 483 last year.
OBJ360 (Sponsored)
World Junior Championships set to boost Ottawa’s economy and global reputation
The World Junior Championships will kick off in Ottawa in December, bringing tens of millions of dollars of economic activity to the city, as well as a chance for local
The value of an Algonquin College degree: Experiential learning, taught by industry experts
Zaahra Mehsen was three years into a biology degree at a local university when she realized she wanted to take a different path. “I realized that it’s not my thing,”
Last month’s highest valued permit, at $38 million, was for the construction of the structure of the two-storey Barrhaven South Recreation Complex on Cambrian Road.
Next up was a $6.7 million permit to fit up the 12th and 14th floors of Place Bell at 160 Elgin St., followed by a $4.3 million permit to construct a two-storey apartment building called South Station Barrhaven by Tega Homes on Fallowfield Road.
The top permits in January by value are:
Barrhaven South Recreation Complex
(3500 Cambrian Rd.)
Contractor: Unknown
Description: Construct a two-storey institutional building (structural only)
Value: $38,000,000
Place Bell
(160 Elgin St.)
Contractor: Unknown
Description: Tenant fit-up on the 12th and 14th floor of a 25-storey office building
Value: $6,740,000
South Station Barrhaven
(3684 Fallowfield Rd.)
Contractor: Tega Developments Inc.
Description: Construct a two-storey apartment building with basement apartments and a level of underground parking
Value: $4,273,000
1250 Ages Dr.
Contractor: Unknown
Description: Construct a one-storey office building
$2,000,000
Dymon Self-Storage
(323 Coventry Rd.)
Contractor: Dymon Construction Ltd.
Description: Construct a two-storey front and side addition on a two-storey retail building
Value: $1,595,426
Bank of Canada swing space
(234 Laurier Ave. W.)
Contractor: PCL Constructors Canada Inc.
Description: Interior alterations of an existing 26-storey office building
Value: $1,500,000
Playvalue Toys
(130 David Manchester Rd.)
Contractor: Unknown
Description: Construct a one-storey retail building
Value: $1,479,200
University of Ottawa
(100 Thomas More Priv.)
Contractor: Unknown
Description: Interior alterations on the second floor of a four-storey university building
Value: $1,400,000
436-458 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
11-21 Streambank St., 541-551 Meadowcreek Cir.
Contractor: Mattamy Development Corp.
Description: Construct a block of 12 two-storey rowhouse units with attached garages
Value: 12 permits valued at $1,121,335 each
