A new report reveals that new housing and construction project activity in Ottawa rose higher in 2013.
The report, the City of Ottawa Building Code Services, shows that the city received $2.4 billion worth of construction applications in 2013, up $400 million or 20%from the $2 billion recorded in the previous year.
“These figures are key indicators that Ottawa’s economy is moving along at a strong pace,” stated Mayor Jim Watson. “This was helped by some major construction projects, including the Rideau Centre and Bayshore Shopping Centre expansions, Lansdowne Park and Tanger Outlets development.”
The number of building permit applications was 8,537, compared with 8,234 in 2012. Builders filed applications for 6,726 new houses in 2013, compared with 6,584 in 2012.
Building Code Services collects fees to cover the costs of all of its services. Total revenues for the year were almost $25 million.