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.
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.)
Description: Construct a two-storey institutional building (structural only)
(160 Elgin St.)
Description: Tenant fit-up on the 12th and 14th floor of a 25-storey office building
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
1250 Ages Dr.
Description: Construct a one-storey office building
(323 Coventry Rd.)
Contractor: Dymon Construction Ltd.
Description: Construct a two-storey front and side addition on a two-storey retail building
Bank of Canada swing space
(234 Laurier Ave. W.)
Contractor: PCL Constructors Canada Inc.
Description: Interior alterations of an existing 26-storey office building
(130 David Manchester Rd.)
Description: Construct a one-storey retail building
University of Ottawa
(100 Thomas More Priv.)
Description: Interior alterations on the second floor of a four-storey university building
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