Construction permit values drop 42% in January

OBJ Staff
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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.

(Stock photo)

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.

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

Organizations: South Station Barrhaven

Geographic location: Canada, Ottawa

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