October 2019 Construction Numbers

The City released its October 2019 Report on Construction Activity demonstrating a construction value of $4.919 million for issued permits. The construction value attained in the month of October is less than the values attained in October 2018, and is also below the past five year average for the construction value reached in the month of October.

The construction value attained in October 2019 is below the construction value attained in October 20 18; while the number of permits issued has also decreased in comparison to last year's figures. In comparison with October 2018 construction values, an increase was seen in the Single Detached Dwellings (New) Sector, while a decrease was seen in the Multiple Residential (New), Commercial, Industrial, Residential (Accessory, Alterations, Additions) and Institutional & Government Sectors of construction.

The only increase occurred in the Single Detached Dwellings (New) Sector of construction. In October 2019, ten building permits were issued for new single detached dwellings, which had a total construction value of $2.318 million, compared with October 2018, when there were two building permits issued having a total construction value of $0.681 million.

The largest decrease occurred in the Multiple Residential (New) Sector of construction. In October 2019, there were two building permits issued in this Sector of construction having a total construction value of $1.178 million, compared with October 2018, when there were ten building permits issued, having a construction value of $14.464 million. In October 2018 the construction value was inflated by the issuance of building permits for the construction of ten block townhouse buildings, containing a total of 92 townhouse units located at 77 Diana Avenue.

A decrease also occurred in the Commercial Sector of construction. In October 2019, a total of five building permits were issued in this Sector of construction having a total construction value of $0.103 million, compared with October 2018, when there were twelve building permits issued having a total construction value of $1.459 million.

Other noteworthy building permits issued in October include a permit to complete alterations to an existing warehouse at 53 Craig Street, which had a construction value of $0.120 million, and a permit issued to repair fire damaged dwelling units at 40 Queen Street, which had a construction value of $0.285 million.

The year-to-date construction value of $173.755 million is above last year's total of $133.862 million. For the year, a total of 1007 building permits have been issued, which is an increase from the 881 permits issued in 2018 over the same time period

The 2019 construction year has continued to build off of the strong numbers attained in 2018. The construction value of permits issued have provided encouraging figures, and staff remains optimistic that the construction industry continues to provide high levels of activity throughout 2019 and will continue into 2020.

Quick Facts

• A total of 62 building permits were issued in October, having a total construction value of $4.919 million.
• The largest building permit in terms of construction value was issued to TJA Developments Inc., for the construction of two new 3-unit street townhouse buildings, located at 1 and 3 Spring Street, which each had a construction value of $0.589 million.
• A total of ten building permits were issued for new single detached dwellings, which had a total construction value of $2.318 million.
• A total of thirty-eight building permits were issued for construction within the Residential (Accessory, Alterations, Additions) Sector, having a total construction value of $1.081 million.

The full report will be posted on the City of Brantford's website.