February 03, 2015 - 1:02 PM
KAMLOOPS - The number of lots created over the past several years has continued to decrease, leaving 2014 well behind the 10-year average of 392 new lots.
With about 200 new lots created in 2014, last year had the second lowest number of lots created in the past 10 years and was well behind the 10-year high of nearly 700 new lots created in 2006.
The majority of the 418 new residential units created were in the South Shore areas of Aberdeen, Pineview Valley, Dufferin, Sahali and City Centre, about 54 per cent, while the North Shore areas, including Brocklehurst, Batchelor Heights and Westsyde, accounted for 25 per cent of growth. The remaining 21 per cent of new dwelling units were located in Barnhartvale, Dallas, Campbell Creek, Juniper Ridge, Rose Hill, Valleyview, Rayleigh and Heffley Creek.
The largest jump in new units created was in the Aberdeen and Pineview Valley areas, where there was a 125 per cent jump to 83 new units, putting 2014 more in line with 2010 and 2011 for development but down from the 136 new units created in 2009. The South Shore neighbourhood also saw new units created nearly double the 2013 numbers with 59 new units.
Juniper and the Dallas, Campbell Creek, Barnhartvale areas also saw about a 50 per cent increase in new units created in 2014 while Dufferin saw a small increase.
The North Shore neighbourhood saw just nine new units created in 2014, down from 63 the year before and 92 in 2012 and Brocklehurst was much the same, with a drop to 20 new units is 2014, down from 131 in 2013.
Westsyde had a small decline of four less units for a total of 39 new units in 2014 while Batchelor Heights more than doubled the number of new units created year over year with 35, though that is still a slight decline from the 38 new units created in 2012.
Building permits were issued for 180 units in multi-family projects, the largest being 429 St. Paul St., 53 units, and 755 McGill Road, 43 units. Permits were also issued for projects Downtown, Aberdeen, Dufferin, Juniper, Sahali and North Shore.
A number of development applications also came through in 2014, and if all approved could result in quite a few new residential units. Among those applications is a 193-unit seniors’ housing development, a 34-unit multi-family development, a 40-unit townhouse project and a 12-unit townhouse development. Applications for several mixed developments were also submitted.
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News from © InfoTel News Ltd, 2015