Building permits are way up in the city this quarter when compared to the same time last year. The increase is mostly thanks to a large project at the East Kootenay Regional Hospital, but generally all categories were up in 2014.
CAO Wayne Staudt presented the results at the May 12 council meeting.
“It’s good news. The first quarter of 2014 saw a significant increase over the first quarter of 2013,” Staudt said. “Total building permits is just over $21 million. Everything is up.”
That $21.2 million represents a substantial increase over last year’s first quarter results of $2.9 million.
The biggest increase comes in the Institutional category where the construction value is $13.6 million, as compared with zero for the period one year earlier.
Residential construction value was up to $2.3 million, from $1.4 million in the first quarter of 2013. There were seven new single family housing starts and three manufactured homes on foundation in 2014, as compared to five single family housing starts and no manufactured homes on foundation in the first quarter of 2013.
A total of 51 building permits were issued in the first quarter of 2014, as compared to 27 for the same period last year.
Commercial building permit value was up to almost $5 million in the first quarter of 2014, as compared to $1.3 million for the period in 2013.
Industrial was the only one that declined, to $165,000 in the 2014 period from $220,000 in 2013.
The Signs category was up to $196,190 in 2014, as compared to $14,912 in 2013.