Posted on September 23, 2022 at 11:29 a.m.
With a third of the year still to go, Oshawa has already broken its building permit record and is on track to double last year’s numbers.
Since the beginning of the year, the City has issued $779 million in building permits. The previous record was set in 2017 with $614 million.
“This incredible year of construction continues to demonstrate the rapid pace of investment and economic momentum,” said Oshawa Mayor Dan Carter. “We have seen billions of dollars invested in recent years and thousands of new jobs created by major international companies, which has been particularly impressive during an unprecedented global pandemic and has made Oshawa one of the best places to live. , learn, work and invest.”
August, in particular, was an impressive month with many records set, including:
- Highest August for number of permits issued (240 permits surpassing 2006 record of 113)
- Highest total construction value in August of $261,202,200 (all-time high of $128,227,500 set in 2019)
- Highest residential construction value in August of $256,371,200 (all-time high of $72,520,900 set in 2019)
- Highest August for residential units created (807 units surpassing 1976 record of 389)
- Highest August for number of secondary suites created (28 units surpassing 2020 record of 11)
- Highest August for number of apartments created (657 units surpassing 2009 record of 214)
- The value of residential construction is four times higher than last year
Oshawa has maintained monthly building records since 1965, while annual records date back to 1964.
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