City sees rise in home construction

Chad Eliason, Councillor, City of Salmon Arm - Observer file photo
Chad Eliason, Councillor, City of Salmon Arm
— image credit: Observer file photo

Municipal building stats continue to indicate an upswing in residential development.

By the end of June, the city had issued permits for the construction of 21 new single family dwellings to the tune of $6,625,837. This already exceeds the value of the 21 single-family dwellings constructed in 2013. Permits for multiple family dwellings (apartments, townhouses, etc.) have also exceeded last year’s numbers. As of June, permits have been issued covering 35 units total with a value of $3,270,000. Only two units went up last year, worth $400,000.

Reviewing June’s stats, Coun. Chad Eliason said the city is also seeing significant commercial growth this year, including three new projects valued at $6,350,000.

“Overall, it looks like close to $10 million right now in new housing and residential housing, so that’s pretty important for our area,” Eliason commented. “That’s a lot of good jobs that support it.”

Eliason said it looks as though the city will have one of its best years since 2007/08 – approaching the 2003/04 totals for building permit values of $53,000 and $66,300.

“That was the start of the last economic upturn, for our housing market at least, so good to see,” he said.



We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Salmon Arm fugitive arrested in West Kelowna
Power boat ban for Gardom Lake
New faces elected to council
Farewell to outgoing RDCK chair and directors
Meet Nelson’s next mayor
Meadow Creek Cedar hearing rescheduled
Tire fire lights up the night sky
Fernie Alpine Resort stays bear aware
Fire on Fairview

Community Events, November 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Nov 21 edition online now. Browse the archives.