Building Links Blog
Read our blog to stay informed on the news for the construction and real estate industry for the Comox Valley, Campbell River, Comox, Port Alberni, Powell River, Tofino and Vancouver Island. Stay connected to get connected!
Comox Valley and Campbell River 3rd Quarter Building Permit Statistics In Around Town
Your Weekly Construction Briefing
This week’s issue includes year-to-date Building Permit statistics for 2023. Comparing the year-to-date 2022 and 2023 building permits for the Comox Valley and Campbell River, total construction values increased from $286,847,887 to $341,249,180. The number of permits issued, however, shows a 2% decrease from 676 in 2022 to 664 in 2023. As a comparison, the same period in 2021 had 886 permits with a total value of $337,265,202.
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Ucluelet: New two storey medical building for Island Health
- Cumberland: Paving between the Landfill entrance and the new Industrial Lands
- Comox: Proposed 205 unit six-storey mixed use building
BC Construction Industry Stat Highlights in Around Town
Your Weekly Construction Briefing
The BC Construction Association has released their Fall 2023 Industry Stat Pack. While the demand for construction remains high, the estimated value of proposed major projects has dipped to $174B in comparison to $220B last year, signalling possible future decreases.
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Black Creek-Oyster Bay: Moratorium on new water connections has been lifted.
- Comox Valley Regional District: Proposed septic regulatory program.
- Campbell River: Phase 1 renovations at the Strathcona Gardens recreation complex moving forward.
2023 BC Building Codes in Around Town
Your Weekly Construction Briefing
The BC government has announced that the Ministry continues to review changes to the 2018 Building Codes. The changes will include updates from the 2020 National Model Codes with adjustments made to address specific needs for BC.
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Courtenay: Construction is well underway on 3 apartment buildings with 247 rental units.
- Comox: Application under review for a 52 unit mixed-use building.
- Campbell River: Rezoning moving forward for four properties to permit 12 storey buildings.
Real Estate Market Update in Around Town
Your Weekly Construction Briefing
Last month, 266 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, an 11 per cent increase from one year ago (239) and down 18 per cent from August 2023 (324). Sales of condo apartments came in at 85 units, increasing by 63 per cent from September 2022. In the row/townhouse category, 71 units sold, up by 48 per cent.
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Tofino: Proposed development for 17 modular units with 85 beds for local staff housing.
- Courtenay: Building Permits issued for NIC’s 217 bed student housing project.
- Campbell River: Presales for the first 26 lots at Ripple Rock Estates.
BC Housing Funding for Secondary Suites in Around Town
Your Weekly Construction Briefing
BC’s Secondary Suite Incentive Program will start in April 2024. The program will provide a forgivable loan up to 50% of the cost of renovations to create a suite, up to $40,000.
(more…)Your Weekly North Vancouver Island Construction News
In this Week’s Issue of Building Links
- Courtenay: NIC has received $14.2 million for an additional 75 childcare spaces
- Campbellton: Expanding the River Route Trail and additional Parks
- Campbell River: Steep Slope Development Permit changes abandoned
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