The City of Oshawa yesterday announced that year-to-date construction value issued in Oshawa has already exceeded 2019’s total construction value by $8 million.
Oshawa set yet another building record last month: the highest June for industrial permit value ($62.93 million) since 1986 ($16.47 million), said a city statement.
Four major projects issued in June 2020 contributed to these milestones:
- CSPAC Industrial Thornton & Wentworth – new industrial (883 Thornton Rd. S.) total value of $49,100,400.
- Oshawa South Self Storage Limited Partnership – new industrial self-storage building (600 Fox St.) total value of $13,800,000.
- 2285136 Ontario Ltd. – new commercial building (2610 Simcoe St. N.) total value of $4,700,000.
- RioCan Management Inc. – new commercial building (2650 Simcoe St. N.) total value of $4,025,600.
During the month of June, the city issued 96 building permits for a total of $82.5 million in construction value, breaking down to $62.93 million in industrial construction, $9.95 million in residential, $9.6 million in commercial and $28,400 in governmental/institutional, the statement said.
In June, the city issued 26 new residential units consisting of 10 semi-detached units, nine accessory dwelling units and seven single-detached dwellings, it added.
Oshawa’s year-to-date residential construction value ($243,073,600) has already surpassed last year’s total by $89.5 million. With six months remaining, year-to-date categories of total construction value, number of semi-detached dwellings and apartments as well as total residential units have all surpassed 2019 year-end totals.
“Our Building Services branch continues to rise to the occasion and these record-breaking numbers are indicative of our commitment to our business community,” said Oshawa Mayor Dan Carter. “The City of Oshawa’s continued innovation is a testament to the success we have seen to date in 2020; our team will stop at nothing to ensure the continued progress and success of our great city, which is evident by these telling milestones.”