Strong year for construction growth in 2012

Airdrie, AB – A robust year in multi-family housing construction led to another strong year for construction values in Airdrie in 2012.

Today the City of Airdrie released its numbers for year-end building permits. The number of approved building permits increased 42% over last year which translates into $3.4 million in revenue and $365M in construction value.

Duplexes and multi-family units (apartments) made up a large part of the numbers with permits approved for 456 apartment units and 126 duplexes, up significantly from the previous three years. 750 permits for single family houses were approved, up from 2011 (629) but down slightly from 2010 (814).

"Construction has not slowed down in Airdrie," says Kevin Slemko Team Leader, Building Inspections. "We've seen a large increase in multi-family units over the last two years, and 2012 was another strong year for commercial permits. One of the major drivers in 2012 was institutional permits with several new schools under construction, totaling over $45 million in construction value."

Industrial and commercial construction growth was consistent with previous years, with 180 permits totaling $45.5M. Major projects in 2012 included:

  • FortisAlberta office expansion, $7.1M
  • Alberta Injection Moulding, $4.4M
  • Conglom Distribution Centre, $3.5M
  • 2 business centres, Gateway, $3.2M
  • retail expansion, Kingsview Market, $2.3M
  • 7-bay warehouse, Kingsview, $1.8M

"It was another solid year of growth," says Kent Rupert, Team Leader, Economic Development. "Airdrie continues to be one of the fastest growing communities in Canada and that’s reflected in our construction numbers. We are excited about the addition of schools, and welcome the diversity of housing that the new multi-family option brings. We will continue to develop job opportunities for our residents in both the commercial and industrial sectors in our city."

Media contact:
Kevin Slemko
Team Leader and Chief Inspector

Kent Rupert
Team Leader, Economic Development

 

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