The value of new construction projects approved in November dropped by 20.1 per cent year-over-year, with the number of permits falling to the lowest level for that month since at least 2009, according to municipal records.
The city issued 696 permits last month – down seven per cent from November 2011 – with a total value of $205 million.
One chart-topper adding significantly to that value was a $70.3-million permit for PCL Constructors to build the 21-storey Performance Court office tower at the corner of Elgin and Gloucester streets.
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The remaining permits were significantly lower, with the next most valuable construction project coming in at $8.3 million to fit up a one-storey retail store for Target’s impending arrival in the
Place d’Orleans Shopping Centre.
Mattamy Homes received approval for 48 permits to construct blocks of 12 two-storey row houses in West Carleton, valued at either $1.15 million or $1.12 million each.
A total of 37 permits approved for office buildings made up the lion’s share of November’s total value, at $81.3 million.
Excluding Mattamy Homes’ residential project, the top permits in November by value are:
Performance Court
(150 Elgin St.)
Contractor: PCL Constructors Canada Inc.
Description: Construct a 21-storey office building
Value: $70,336,653
Target
(110 Place d’Orleans Dr.)
Contractor: Unknown
Description: Tenant fit-up on the first floor of a two-storey retail building
Value: $8,300,000
FedEx
(985-995 Moodie Dr.)
Contractor: Warlyn Construction Ltd.
Description: Construct a one-storey industrial building
Value: Two permits valued at $6,000,000 each
Soeurs de la Visitation d’Ottawa Monastery
(114 Richmond Rd.)
Contractor: Ashcroft Homes
Description: Construct a nine-storey mixed-use building (foundation and basement only)
Value: $3,399,375
130 Terence Matthews Cres.
Contractor: Pegasus Development Corp.
Description: Construct a two-storey office building
Value: $3,050,055
200-230 Titanium Pvt.
Contractor: Minto Communities Inc.
Description: Construct a four-storey, 17-unit apartment building with attached 10-vehicle garage (foundation and basement only)
Value: Three permits valued at $2,762,210 each
120 Terence Matthews Cres.
Contractor: Pegasus Development Corp.
Description: Construct a two-storey office building
Value: $2,372,265
20-46 Meach Pvt.
Contractor: Demarco Construction
Description: Construct a block of 14 three-storey stacked rowhouses
Value: 14 permits valued at $2,250,000 each
Canadian Tire
(4792 Bank St.)
Contractor: Unknown
Description: Construct a one-storey retail building
Value: $2,000,000
Farm Boy
(665 Industrial Ave.)
Contractor: VCL Construction
Description: Construct a one-storey retail building
Value: $1,890,167
GoodLife Fitness Canada
(100 Michael Cowpland Dr.)
Contractor: Unknown
Description: Construct a two-storey assembly building
Value: $1,850,130
Les 3 Brasseurs
(565 Kanata Ave.)
Contractor: Unknown
Description: Construct a two-storey retail building
Value: $1,800,000
5373 Fernbank Rd.
Contractor: Laurin & Co.
Description: Construct a one-storey retail building (shell only)
Value: $1,430,000
500 Palladium Dr.
Contractor: Unknown
Description: Interior alterations on the first and second floor of a three-storey mixed-use building
Value: $1,430,000
The Lord Mountbatten
(1375 Prince of Wales Dr.)
Contractor: Unknown
Description: Exterior repairs to a parking garage
Value: $1,200,000
Lincoln Heights Ford
(1377 Richmond Rd.)
Contractor: Unknown
Description: Construct a one-storey addition at the rear and interior alterations on all floors of a two-storey retail building
Value: $1,000,000
532 Bridgeport Ave.
Contractor: Minto Communities Inc.
Description: Construct a two-storey detached dwelling with attached garage (model home)
Value: $1,000,000