London construction tops $1B – again – as 10-digit milestone becomes annual routine

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Nick Johnston of Under R construction company nails together two roof trusses that will hold a large load near the centre of the home the company is framing in the new construction site south of Pack Road just west of Colonel Talbot Road in London. (Mike Hensen/The London Free Press)

London has topped the $1-billion mark in construction permits for the fourth consecutive year – and full amount for 2019 isn’t even in yet.

City hall recorded $1.27 billion in building in 2019 to the end of November, topping 2018 totals of $1.01 billion and 2017’s $1.1 billion – second only to London’s single-year record, $1.4 billion, in 2016.

Of that 2019 total, $276 million was for 642 single family homes, $192 million was for 875 apartment units, $142 million for 638 townhouses and $884,400 for six semi-detached homes, according to city hall officials.

As for business, there was more than $364 million in industrial building and expansions and more than $660 million for institutional buildings and expansions through the first 11 months of 2019.

December’s construction activity is expected to nudge that $1.27-billion total slightly higher.

City hall saw a total of 4,283 permits issued, representing 2,225 new dwelling units. This is a 2.1% decrease in the number of permits over 2018, even while the construction value is higher.

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