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October 27, 2017 10:38 pm

Building Permit Values Jump- Thanks to Two Projects

Tuesday, May 31, 2016 @ 5:59 AM

Prince George, B.C.- Building permit values  for April, and for year to date,  are up,  and but  just two projects  are largely responsible  for the boost.

April’s  permit values  were sitting at $9.6 million,  with  one third of that amount coming from the $3.2 million dollar  renovation to  UNBC’s  student residence.  If not for that  project,  the permit value would be pretty much on par with  April of last year ($5.45 million)  and  with April of 2014 ($6 million).

As for the year to date  numbers,  while there has been  a doubling of the number of permits  issued so far this year compared to last ( 107 compared to 53) the new  Riverbend seniors complex (permit value of $20 million) is  largely responsible for pushing up the  year to date permit  value total.

As of the end of April the  permit value total was $41.3 million.   That compares to a  total  of $7.47 million  for the same period last year,  and $19.1 million for the first four months of 2014.

 

 

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