LATEST NEWS 
April 16, 2008
Building Permits
Calgary sees rapid rise in number of multi-family residential permits
The construction of multi-family residential units increased rapidly, while the construction of single-family units took a dive for the first quarter of 2008 in Calgary.
The city announced last week that 1949 building permits were approved for new multi-family residences compared to 834 new single family dwellings in the first quarter of 2008.
The total number of new residential units was 2783 for the same period.
Compared to the five-year averages, construction of multi-family residential units increased 59 per cent and the construction of single family units dropped by 55 per cent for the first quarter of 2008.
“We continue to see a shift toward multi-family residential construction representing a larger share of the new residences being built,” said David Watson, the city’s general manager of planning, development and assessment.
Compared to last year, estimated building permit values are up 27 per cent to $1.3 billion for the year-to-date ending March 31.
For March 2008, values are down 31 per cent to $337 million, with residential down 44 per cent to $119 million and non-residential down 20 per cent to $218 million.
Applications for the month include new institutional/municipal projects such as the University of Calgary’s Taylor Family Digital Library ($93 million), Calgary Health Region Garrison Green Long Term Care Centre ($25 million) and the next phase of The city’s 7th Avenue refurbishment ($13 million).
Other major new projects include HDP phase II ($17 million warehouse/office) and Evergreen Grove Phase 1 ($16 million apartment).
JOC News Service
| MOST POPULAR STORIES |
- Olympic construction goes down to the wire
- Two more Fort McMurray projects moving forward
- Nexen, OPTI Canada get approval for cogeneration power plant near Fort McMurray
- 5,000-room modular lodging project taking shape near Fort McMurray, Alberta
- Public-private partnerships working as intended, new report finds
- 20 Most Popular Stories
| TODAY’S TOP CONSTRUCTION PROJECTS |
These projects have been selected from 337 projects with a total value of $3,003,381,002 that Reed Construction Data Building Reports reported on yesterday.
$900,000,000 Fraser Valley RD BC CANCELLED/ DEFERRED
$125,000,000 Winnipeg MB Tenders
$85,000,000 Peace River RD BC CANCELLED/ DEFERRED
| CURRENT STORIES |
- New deal allows Canadian construction firms to bid on U.S. stimulus projects
- Construction continues on Canadian Natural Resource office in St. Albert, Alberta
- Canadian Construction Association summit zeroes in on industry concerns
- Art Gallery of Alberta addition showcases steel
- 5,000-room modular lodging project taking shape near Fort McMurray, Alberta
- Five-year forecast looking up for British Columbia construction industry
- Saskatchewan gets new natural gas trades training centre
- B.C. permit numbers rise while Alberta’s fall
- Trades lack LEED understanding
- Nexen, OPTI Canada get approval for cogeneration power plant near Fort McMurray
- Aecon wins $22 million in contracts for steam generators
- SNC-Lavalin partners with Russian bank to form engineering company
- Work continues on Pearl Condos in Toronto
- ‘A good first step forward,’ Canadian construction industry says of agreement
- Government should be more flexible with stimulus project deadline, outgoing ORBA president says
- Steel provides structure for historic hotel revival in Port Hope, Ontario
- Ontario businesses scramble to ready for arrival of HST
- Construction continues on Atira Women’s Resource Society housing project in Vancouver
- Five still unaccounted for after Connecticut power plant explosion
- U.S. manufacturing employment up, but construction losses continue
- Peterborough Utilities unveils plan for 10-megawatt wind farm
- China orders local governments to pay workers on private sites
| ALEX’S ECONOMICS BLOG |
Reed Construction Data Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
- A review of some global economic and policy expectations for 2010 (February 3, 2010)
- Synopsis of RCD’s webinar on the economic and construction outlooks (January 28, 2010)
- Increasing signs of world and U.S. economies getting back on track (January 28, 2010)
- More
| PROJECT NEWS BRIEFS |
Updates on Canadian construction projects from Reed Construction Data’s research team. More
- Rounthwaite Dick & Hadley Architects begin work on arena plans for Flamborough, Ontario (Aug 17, 2009)
- Orillia Market Square aims for LEED Silver certification (Jun 25, 2009)
- Designs for new York Region District School Board building features energy efficiency (Jun 23, 2009)
- IPC Energy considers Milford location for future wind farm (May 22, 2009)
- Waterloo partnership seeks LEED Silver for West Side Family YMCA and District Library (May 22, 2009)
