City of North Bay hits historic high in number of building permits issued

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With the residential sector in mind, the municipality recorded more than $153 million in construction values

The City of North Bay had its best year in 2021 for building permit issuance, posting a year-end total of $153,435,492.

The previous record of $101 million was set in 2006. That total was reached in October with more than $50 million in building permits issued in November and December, the municipality said in a statement.

“This is the highest annual total construction value on record, far exceeding the 10-year average of $75 million,” Mayor Al McDonald said in a statement. “Despite the many challenges associated with the pandemic, our City continues to experience economic growth.

Permits issued do not necessarily reflect construction activity in an area.

The municipality said the residential sector saw the biggest increase, ending the year at $78,434,537. This included 245 new units, of which 86 were single detached homes, 138 were multi-residential units, 10 were semi-detached units, nine were secondary units and two were duplexes. The ten-year average for the total number of new dwellings is 66.

“These new housing starts will bring much-needed new supply to the local market and help alleviate the housing shortage that affects the entire country,” McDonald said.

The biggest increase since October was on the institutional side, with year-end permit totals of $51,146,945, up from $15,847,945. Commercial and industrial building permits also rose to $9,520,585 and $12,272,490 from $8,507,765 and $6,272,490 respectively.

McDonald’s was expecting another banner year in 2022 with January construction values ​​up from the same month for the past two years.

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