2005 Construction Values Hit An Eight-Year High

By 250 News

Two new homes go up side-by-side in the Hart

The Northern B.C. Construction Association is out with more proof of the economic upswing in our city...

Contruction values last year topped the $100-million dollar mark, surpassing a high set in 2003 of $80.6-million dollars.  Two big ticket items that year were the expansion at Prince George Regional Hospital and construction of the Northern Health Sciences Centre at UNBC.

The slowest year in the past eight was 2002, when building construction values for the year were just $39.3-million dollars.

According to the Association's year-end data, Quesnel is also booming with $42.4-million dollars in new building last year -- a huge jump over dollar values seen in the past eight years.  2004 was a previous high of $11.5-million dollars.  

The same trend holds true for Williams Lake with last year's total hitting $25.4-million dollars compared to just $8-million the year before.

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