The city of Regina is saying in June 2016, building permits were issued for projects valued at $117.3 million, bringing the year-to-date total to $301.4 million.
This represents a month-over-month increase of 308 per cent and year-over-year increase of 2.5 per cent.
Commercial, industrial and institutional permits experienced the largest growth thanks to two permits valued at $26 million each for two new schools under construction. Residential construction is also strong with permits valued at $48.3 million, which will result in 335 new housing units.
“I’m excited to see two new schools under construction which are a testament to Regina’s vibrant growth,” said Mayor Michael Fougere. “June’s building permits show a good balance of construction in all sectors of the industry and remind us that Regina’s economy remains strong.”
In addition to the two new schools, new permits issued in June for projects valued at more than $1 million include a mixed-use building with main floor commercial space and senior care units above for $28.65 million in The Greens, a $3.1-million building alteration on 12th Avenue East, a new $1.6-million townhouse development in Harbour Landing, and a new $1.05-million restaurant on Parliament Avenue.