Regina Construction Heating Up In June!


Thanks to an unprecedented burst of construction activity last month, 2012 is  likely going to be another record year for building permits in Regina.

The City of Regina issued $107.9 million in building permits in June,  compared with $46.8 million for June 2011. That brings the total value of  permits issued for the first half of 2012 to $348.1 million, well ahead of the  $285.7 million in the first six months of 2011.

Given that last year’s total of $548 million in permits was a record for the  city, the head of the city’s building division thinks another record year is  well within reach.

June saw a number of large permits issued, including one for $13.45 million to  Centre Square Development GP Inc. for the Centre Square condominium project at  2300 Broad Street, a permit for $24.06 million for new facilities at the RCMP  Training Academy at 6101 Dewdney Ave. and two permits for $6 million each to  Devereaux Developments for apartments at 5960 Little Pine Loop in the Skyview  subdivision in the northwest and Reimer Custom Designed Homes for a condo  project at 4891 Trinity Lane in the southwest.

residential construction has been leading the way, with $166.9 million in  residential permits issued in the first half, virtually double the $83.4 million  in residential building permits issued during the first six months of 2011.  Single-family dwelling permits hit $94.8 million in the first half, compared  with $57.8 million for the same period last year.

Read more on this article with the Leader Post: http://www.leaderpost.com/business/June+construction+Regina/6880056/story.html#ixzz1zrh84f5j

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s