Construction market continues to show strength in regional district
By Steve Arstad
The constructions industry continues to show strength, in the Regional District of Okanagan Similkameen, as indicated by the most recent statistics from the district.
(STEVE ARSTAD / iNFOnews.ca)
July 21, 2016 - 1:00 PM
PENTICTON - Building activity in the Okanagan-Similkameen region continues to be strong with the potential for a record year for building permits.
Regional District of Okanagan Similkameen Development Services Manager Donna Butler reports permits are up over 2015, which was a record year.
The regional district has issued 245 permits to the end of June this year, compared to 233 issued by the same time last year.
Dollar value of those permits is also up, with a year to date (to June 30) total value of $26,815,238 compared to $17,392,910 at the same time last year.
There are currently nine subdivisions in various stages of development in the regional district, including the following developments:
Twin Lakes Golf Resort, 50 units
Vintage Views, east side of Skaha Lake - 24 lot subdivision, completed
Reflection Point, rural Osoyoos - eight strata lots in phase one, 20 strata lots in phase two.
Naramata Benchlands - 42 strata lots in phase 2, phase three nearing registration stage (large lot subdivision)
Kettle Ridge, Naramata - phase two, 19 strata lots and phase three, 19 strata lots
St. Andrews-by-the-lake, Kaleden - phase four, 25 strata lots
Shuttleworth properties, Okanagan Falls - seven industrial lots
Bassett Ave., Okanagan Falls, six lots
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