JANUARY 2018 – BUILDING PERMITS UPDATE
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Kingston’s total ICI permit values increased by 79% in the August-November period year-over-year, while in the calendar year through November, permit values have more than doubled. Industrial permit values, which only accounted for 4% of Kingston’s ICI permits in January-July, accounted for more than half of ICI permits in the August-November period, up 143% year-over-year. The sector’s growth was driven by a $60 million permit for a baby formula facility. Commercial permit values in the August-November period increased by 148%. Despite a $31 million permit for a new secondary school, Kingston’s institutional permit values only increased by 6%. Overall in the calendar year through November, institutional permit values are up by 155%.
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FOR MORE INFORMATION, CONTACT:
Ian Worte
Research Analyst,
ianw@iciconstruction.com
Ontario Construction Secretariat (OCS)
180 Attwell Drive, Suite 360, Toronto, ON M9W 6A9
P 416.620.5210 ext. 241
F 416.620.5310