City Hits New Building Record

The City of North Bay is experiencing its biggest building year on record with year-to-date construction values exceeding $105 million.
With two more months of reporting still pending, the year-to-date total construction value of $105,156,922 has already surpassed the previous record set in 2006 of approximately $101 million worth of construction. The year-to-date total has also outpaced last year’s total of $57.5 million and is up over the 2019 - pre-Coivd-19 - total of $93.3 million.
Although commercial and industrial building permits, now totalling approximately $8.5 million and $15.8 million respectively, are both up over last year’s year-end figures, the primary driver of this year’s record-setting numbers has been a significant increase in residential construction. Total residential construction value is now sitting at about $72.6 million, more than double the highest total of the past decade, set in 2011 at $35.7 million.
The year-to-date total construction value of $72.6 million represents a total of 236 new dwelling units, including 79 single-family dwellings, 137 multi-residential units, 10 semi-detached units, eight secondary units and two new duplexes.