Building-permit values rising
While the total number of building permits issued in Kamloops through October is down from 2011, the value of those permits has exceeded last year’s figures.
The City of Kamloops building-inspection department reports that 1,379 permits have been issued through the first 10 months of the year, compared to 1,474 through the same time period in 2011.
However, the value of this year’s permits is pegged at $156.8 million, about $10 million more than the $146.2 value in permits issued through October 2011.
Total number of permits in October — 24 — mirrored exactly the number issued in October 2011, whereas permit value last month ($9.4 million) exceeded permit value in October 2011 ($8.7million).
In October, the bulk of value came from the 10 single-family dwelling permits ($3.2 million) and the 10 commercial building permits ($2.4 million).
There were no permits issued in October for multi-family apartment projects or multi-family buildings of three or more units.
Year-to-date, commercial building permits lead the way (125 permits worth $50.5 million), followed by single-family dwelling permits (105 permits worth $33.5 million), institutional permits (15 permits worth $27.7 million), multi-family apartment permits (three permits worth $9.8 million), multi-family single-unit permits (35 permits worth $6.7 million), multi-family duplex permits (32 permits worth $5.9 million) and site-servicing permits (seven permits worth $4 million).