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Construction market continues to show strength in regional district

The constructions industry continues to show strength, in the Regional District of Okanagan Similkameen, as indicated by the most recent statistics from the district.
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

To contact a reporter for this story, email Steve Arstad or call 250-488-3065 or email the editor. You can also submit photos, videos or news tips to the newsroom and be entered to win a monthly prize draw.

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News from © InfoTel News Ltd, 2016
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