Q4 Permits, Construction Value Up In Abbotsford

The City of Abbotsford’s Planning and Development Department’s Quarterly Report for the last three months of 2013 shows an increase in the overall number of issued building permits and total construction value for Q4 2014 compared to Q4 2013. There was a 6% increase in the number of issued building permits and a 20% ($7.2 million) increase in construction value of issued building permits between Q4 2013 and Q4 2014.

The number of agricultural building permits increased by 16 in Q4 2014 and the total value increased by $3.4 million. This, in part, is due to an increase in large scale poultry barn facilities.

The number of commercial building permits decreased by 18 from Q4 2013, with an associated $7.7 million decrease in construction value. This decrease can be attributed to the completion of tenant improvements for Highstreet.

The number of single family residential permits increased by 18 in Q4 2014 (141 permits) when compared to Q4 2013 (123 permits). The construction value also increased over 40% from $5.8 million to $8.4 million.

Multi-family building permits for Q4 2014 increased by 10 compared to Q4 2013. The construction value also increased from $7.9 million in Q4 2013 to $13.3 million in Q4 2014. This increase can be attributed to the value of the foundation permit for the Mahogany development on Gladwin Road ($8.8 million).

The number of industrial building permits in Q4 2014 decreased by 2, yet the total construction value increased by $3.5 million due to a large warehouse facility on Queen Street.

Institutional building permit totals remained consistent from Q4 2013 to Q4 2014.

For an online pdf copy of the complete report simply click here.

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