Building boom could top $100 million

Construction wave is hitting Campbell River which has surged ahead of the Comox Valley this year

Construction in Campbell River continues to ride a growing wave – and has surged ahead of the Comox Valley.

Second quarter statistics released by Building Links show year-to-date construction values total $55.7 million in Campbell River, $29 million more than last year.

The construction values from Comox, Courtenay, Cumberland and the CVRD total $28.5 million – $17 million less in construction values than Campbell River.

Construction values have declined during the first six months of 2013 compared to the same time period in 2012 in Comox, Courtenay, Cumberland and in the Comox Valley Regional District.

“The exception is Campbell River, where construction values have increased by more than 100 per cent from January to June 30 this year, compared to the same time in 2012,” says Clarice Coty, editor of Building Links.

Campbell River has additional new projects going through the building permit process, and Building Links estimates that Campbell River will top $100 million in construction values this year.

“This shows that the city is doing something right with the cost and speed of processing applications, and your interaction with property owners and builders,” Coty says. “The lunch ‘n’ learn forums put on by your Land Use Department are also a way for staff to get to know builders and developers and to make sure everyone is aware of due process required to keep things moving forward.”

“These statistics are clear evidence of the confidence in Campbell River as a great place to invest, live and do business,”  says City Manager Andy Laidlaw. and (we) will continue to focus on improving service and processes to support the industry’s growing interest in our community.”

Learn more about Building Links at www.buildinglinks.ca