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!
City of Campbell River Development Applications in this week’s Around Town
As of July 29, the City of Campbell River is requiring all developers to meet with the city planners when submitting development applications.
(more…)Your Weekly North Vancouver Island Construction News
In This Week’s Editor’s Note
- Port Alberni: 150 units in four new five-storey buildings
- Powell River: 225 mixed residential units on 38 acres
- Campbell River: 51 unit four-storey building approved
Year to Date Building Statistics in Around Town
Compared to 2018, the 2019 year-to-date construction values for the Comox Valley and Campbell River has decreased by 2.75%. Cumberland and Comox experienced a decline in single family and secondary dwellings with 41 and 46% respectively, while Campbell River was the only municipality to record an increase from 59 to 62 units (5%).
(more…)Your Weekly North Vancouver Island Construction News
In This Week’s Editor’s Note
- Comox Valley and Campbell River Year to Date Building Statistics.
- A new Comox development proposes 200 rental units.
- The Powell River Aviation Industrial Park development is moving forward.
VIREB June Market Update in Around Town
According to the Vancouver Island Real Estate Board’s (VIREB) June Statistics, 408 single-family homes sold on the Multiple Listing Service® (MLS®) System compared to 458 the previous month and 437 in June 2018. Sales of apartments dipped by 29 per cent year over year while townhouse sales decreased by 32 per cent.
(more…)Your Weekly North Vancouver Island Construction News
In This Week’s Editor’s Note
- Port Alberni: $100 million 40-acre cannapark
- Powell River: BC Housing 42-unit housing complex
- Tofino: 55 affordable housing units and a community centre
Around Town If you’re going to list – start packing!
For both the Campbell River and Comox Valley markets, a review across the single family and condo sectors all point to good to exceptional liquidity (the time it takes to sell). The Campbell River condo market is especially brisk with the average sell time at 11 days for townhouses, 12 days for patio homes and 22 days for apartments.
Your Weekly North Vancouver Island Construction News
In This Week’s Editor’s Note
- West Courtenay: new 34 patio home style development permit application
- Campbell River: council considering secondary suites in all single-family residences
- Cathedral Grove: new infrastructure being considered for pedestrian safety
Around Town
With the plan for all of Canada to agree on a harmonized building code, the Government of Canada has granted funding to the National Research Council Canada (NRC) to provide free access to the National Building Codes.
Your Weekly North Vancouver Island Construction News
In This Week’s Editor’s Note
- Courtenay: Renovations for 117 existing affordable BC housing units.
- Powell River: Plans to build a $9 million Emergency Services Facility.
- Port Alice: Converting the Pulp Mill into a Pellet Plant.
Get 8 FREE Issues!
We are your #1 source of real estate and construction industry news on Vancouver Island.
