Building Permit Values Continue to Climb
Prince George, B.C.- More positive news on the building stats in Prince George.
As of September 30th, there had been $114.8 million dollars worth of permits issued so far this year. That’s the highest level reached in the first nine months of the year in three years.
So what’s driving the construction?
General Manager of Planning, Ian Wells says he would like to think its because people are realizing Prince George is a great place to live and work.
There have been 122 single family dwelling permits issued as of the end of September this year. That compares to 89 issued in the same period of 2015, and 85 in the first 9 months of 2014.
Mayor Lyn Hall praised the efforts of the Economic Development team at City Hall, ” They are doing a great job. I think the ‘Move Up P.G.’ is indicative of that. We’ve come of age here in Prince George, and I think there is an opportunity for people to really take a hard look at relocating to Prince George and what we have to offer and I think that’s starting to percolate throughout the Province and other places.” Mayor Hall also praises the Planning and Development department, saying this level of construction activity means there is a great deal of work going on at the second floor of City Hall.
The extra construction means that new construction will create $850 thousand in tax revenue for 2017.