Oshawa yesterday announced that building permit activity in 2022 exceeded any year in Oshawa’s recorded history.
Oshawa’s previous building permit record was set in 2017 at $614 million. In 2022, the city shattered that record with more than $900 million in building permit values, said a city statement.
In total Oshawa set 25 new building records in 2022. Highlights include:
- Highest total construction value issued in any one year ($901+ million)
- Highest total residential construction value issued in any one year ($762+ million)
- 12 new industrial and commercial buildings, which continue to generate more local jobs.
New buildings issued in 2022 include RioCan’s development at Simcoe Street North and Britannia Avenue; new industrial buildings across the city; and two new apartment buildings, said the statement.
It said the city has thrived through a remarkable run of development activity in recent years. “From 2018-2022, the City issued more than $250 million in job-producing industrial building permits and more than $2.7 billion in total building permit values over the same period.”
Northwood Business Park
Looking towards Oshawa’s economic future, the Northwood Business Park presents the city’s next prime employment development opportunity. Approximately 202 hectares (500 acres) of developable land designated for employment and commercial uses are attracting further investment in proximity to our post-secondary institutions and the Oshawa Executive Airport.
Oshawa has kept monthly building records since 1965, while yearly records date back to 1964. For more information on Building Permits & Inspection Services, visit the Building and Renovating webpage.
“This incredible year of construction reflects a rapid pace of investment and economic growth across the great City of Oshawa,” said Mayor Dan Carter. “We’ve seen billions of dollars invested in recent years and thousands of new jobs created from major international companies which is further positioning Oshawa as one of the best places to live, learn, work and invest.”
Backgrounder – 2022 Building Permit Activity