Condo construction keeps builders busy in Richmond

Condominium construction continues to keep builders busy in Richmond, as the value of building permits this year is outpacing figures from 2011.

In the first six months of 2012, Richmond City Hall issued 735 building permits with a construction value of $265.2 million—44 per cent more than the same period the previous year.

The numbers were boosted by a big month in May, when developers—led by Canada Sunrise Developments (Richmond) Ltd. for its multi-tower Quintet project in City Centre—lined up for 132 building permits worth $143.5 million.

Last month, the city issued a total of 154 building permits worth $24.1 million. Setting the pace were builders of single-family dwellings and a $1.4-million renovation to Kwantlen Polytechnic University's Richmond campus.

Building permits for required for new construction, change of use, additions or alterations to structures.

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Sales slow, but Richmond house and condo prices steady
Protestors claim immigration is reason for traffic gridlock
Ethel Tibbits Awards raise a record amount
Two police officers hospitalized after being rammed by stolen truck in Surrey
Two survive fiery Surrey crash
Woman recalls evacuation after being stranded on coast
Ridge economic development manager now on Abby council
BC Ferries to cut routes and senior discount, test slot machines between Island-Lower Mainland
BCCLA: Cities must set up prison polling stations for elections

Community Events, November 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Nov 21 edition online now. Browse the archives.