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!
British Columbia Announces New Heat Pump funding in Around Town
The BC and Canada governments have announced $253 million in funding for new heat pumps with electrical service upgrades (if needed), including adding a new qualifying income level. Depending on income levels, funds could cover up to $24,000.
(more…)Your Weekly North Vancouver Island Construction News
In this week’s Editor’s Note:
- Port Alberni: proposed skateboard park, pump track, mountain bike zone
- Union Bay: Detailed Design awarded for a new Fire Hall
- Campbell River: multiple proposed projects for sale
BCCA Releases Stat Pack Spring 2024 in Around Town
The BC Construction Association has released the quarterly statistics in the construction industry for the Spring of 2024. The BC Construction Stat Packs is a summary of the key statistics and trends from the BC construction sector.
(more…)Your Weekly North Vancouver Island Construction News
In this week’s Editor’s Note:
- Courtenay: Proposed $6.5+ million pedestrian bridge
- Saratoga Beach: Rezoning application denied for over 400 lots.
- Campbell River: General contractor announced for BC Hydro’s Ladore Spillway Seismic Upgrade Project
Real Estate Market Update in Around Town
Vancouver Island Real Estate Board (VIREB) recorded 741 unit sales board-wide (all property types) in April. 376 single-family homes sold, down 2 per cent from April 2023. Sales of condos came in at 75 units, dropping by one per cent. In the row/townhouse category, 83 units sold, down 2 per cent from 2023.
(more…)Your Weekly North Vancouver Island Construction News
In this week’s Editor’s Note:
- Port Alberni: 7.9 acres housing project for the Tseshaht First Nation
- Courtenay: College seeking General Contractor for new childcare centre.
- Powell River: New rezoning application to increase from 35 lots to 55-unit townhomes.
Asbestos Disposal Options in Comox-Strathcona in Around Town
Asbestos disposal at the Campbell River Waste Management Centre is unavailable until further notice. Until further notice, residents and licensed waste haulers will need to travel to Nanaimo’s solid waste facilities.
(more…)Your Weekly North Vancouver Island Construction News
In this week’s Editor’s Note:
- Comox Valley: $9.8 million for five transit exchanges
- Campbell River: Island Health moving forward with $85 million Long Term Care Home
- North Island: 2 all-day planned power outages at the end of May
Building Permits Quarterly Statistics In Around Town
The Comox Valley to Campbell River building permit total values for the first quarter of 2024 have increased by 51% compared to the first quarter in 2023. However, that is due to a $45,000,000 permit for renovations to the Strathcona Recreation Centre in Campbell River. Without that permit, total values for the first quarter would have decreased by 16%.
(more…)Your Weekly North Vancouver Island Construction News
In this week’s Editor’s Note:
- Port Alberni: Construction starts for 35 unit housing project.
- Courtenay: Over 110 new units now renting for three projects.
- Campbell River: Construction starts for 40 unit upscale apartment building.
- Building Permits: First quarter statistics for the Comox Valley and Campbell River.
Get 8 FREE Issues!
We are your #1 source of real estate and construction industry news on Vancouver Island.
