Building Boom Blankets Vancouver With Multimillion Dollar Projects

The Canadian Press, 13 Jan, 2016 12:17 PM

VANCOUVER — The number of building permits issued by the City of Vancouver has reached an all-time record.

City officials say permits issued in 2015 soared 14.6 per cent over the year earlier and was up 105 per cent compared with 2008.

Value of the permits issued last year has been pegged at $3.2-billion.

According to the city, 10 major construction projects valued at more than $50-million were approved in 2015, including a 52-storey downtown highrise valued at $279-million.

More than 300 permits were issued with a value greater than $1-million.

Vancouver Mayor Gregor Robertson is upbeat about the construction boom saying the record-setting pace provides optimism about the future of the city's economy.

Prev Next

MORE National ARTICLES

B.C. Government Aims To Set Population-Based Expense Limits For Local Elections

The limits starting in 2018 would apply to people running for mayor, councillor, electoral area director and also for park board positions in Vancouver and Cultus Lake.

B.C. Government Aims To Set Population-Based Expense Limits For Local Elections

Canadians Spend More On Wireless, Internet Services; Prices Up More Than Inflation

Wireless and Internet services accounted for most of the increase, rising by 14 and 10 per cent respectively

Canadians Spend More On Wireless, Internet Services; Prices Up More Than Inflation

Wayne Gretzkysays Appearance At Harper Campaign Event 'A Favour' For The PM

Wayne Gretzky says he was doing Stephen Harper "a favour" when he appeared with him at a campaign event, and the Great One says he would do the same for any prime minister.

Wayne Gretzkysays Appearance At Harper Campaign Event 'A Favour' For The PM

Conservative Majority In Senate Could Give Trudeau Problems In Passing Bills

The Tories hold the most seats in the upper chamber and would be able to use that leverage to slow down legislation, force amendments or push their own private member's bills up higher on the Senate's agenda.

Conservative Majority In Senate Could Give Trudeau Problems In Passing Bills

Defrocked Arctic Priest Eric Dejaeger Convicted Of Sex Offences Against Children To Appeal

The news came out in court as Eric Dejaeger (deh-YAY'-gur) was sentenced today in Iqaluit for more child sex assaults in Alberta.

Defrocked Arctic Priest Eric Dejaeger Convicted Of Sex Offences Against Children To Appeal

Methanol Found In Guy Turcotte's System Equivalent To Drinking 3 To 5 Beers

Toxicologist Anne-Marie Faucher had previously testified she found a potentially fatal dose of methanol in Turcotte's system the day after the February 2009 slayings of Olivier, 5, and Anne-Sophie, 3.