NOVEMBER 2016 – BUILDING PERMITS UPDATE
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Permit values in Windsor picked up through the summer after a slow start to the year. Compared to the June-August period last year though, permit values are still down by a third. Commercial and industrial permit values were positive but only made minor gains. Commercial permit values between June and August were almost exactly the same as last year. Industrial permits were up 9%. Windsor’s industrial sector is still waiting for the Gordie Howe Bridge RFP, which was recently reported to be only weeks away.
So far this year, over two-thirds of Windsor’s institutional permitting came in July and August. These include permits for a new University of Windsor building, a new fire hall, and a permit for part of the new city hall project. The value of the city hall permit was only $2.9 million, only 10% of the project’s value. More permit activity can be expected on this project in the coming months. Compared to last year, institutional permit values in the June-August period were down by almost half. That is partially due to high activity by the University of Windsor last year. Although the University’s downtown redevelopment is ongoing, permitting on these projects has been low this year. It’s been forecasted that the education sector will continue to be strong in Windsor over the next several years.
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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