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!
Editor’s Note July 11, 2018: Your Weekly North Vancouver Island Construction News
In This Week’s Issue:
- Proposed new 360-acre neighbourhood in Ucluelet
- Port Hardy $14-million swimming pool tender expected in October
- The Ridge in Courtenay moving into Phase 3 (more…)
Around Town: BC creates public registry of real estate owners
The BC government is proposing to launch a new registry, open to the public, that will list anyone who owns real estate in the province. The registry, a first in Canada, aims to end the hidden ownership of property. (more…)
Editor’s Note July 4, 2018: Your Weekly North Vancouver Island Construction News
In This Issue:
- The City of Campbell River receives application for apartment and townhouse development on Dogwood.
- Multi-acre lots at new Miracle Beach Estates expected to be listed in August.
- Port Hardy approves rezoning application for multi-residential development.
Around Town: Wage raises increasing
According to the Canadian Federation of Independent Business (CFIB), the unemployment rate in BC is the lowest in Canada, with Construction showing one of the highest vacancy rates. A 5.8 per cent unemployment rate recorded in February ties for the lowest nationwide rate seen in Canada since 1976, a sign that the country’s economy has been firing on all cylinders. (more…)
Editor’s Note June 27, 2018: Your Weekly Vancouver Island Construction News
In This Week’s Issue:
- Defence Construction Canada issues tender for the Hangar 7 Remediation and Systems Replacement.
- Port Alberni’s newest 23-acre multi-use development starts this Fall.
Around Town: Update on BC real estate sales
New sales numbers released by the B.C. Real Estate Association on June 15 suggest measures intended to cool the overheated house market could be working. (more…)
Editor’s Note June 20, 2018: Your Weekly North Vancouver Island Construction News
In This Week’s Issue:
- The new $11.7 million Comox Valley Regional District Civic Centre tender has been extended.
- Newport Village in Courtenay has submitted a development permit application for a second five-storey building.
- The Town of Comox has received an application to subdivide a 24-acre property near the Comox Valley Airport into 2 parcels.
Around Town: VICA’s Women in Construction Network celebrates five years!
Women in Construction (WiC) is a grassroots Vancouver Island network working to promote and support female participation in construction, one of the key sectors of our provincial economy. In May of 2013, a group of dedicated women came together with the intention of developing a forum that would promote and support female participation in the construction industry. Five years later, the Women in Construction (WiC) network, supported by the Vancouver Island Construction Association (VICA), was established with chapters in Victoria and Nanaimo. (more…)
Editor’s Note June 13, 2018: Your North Vancouver Island Construction News
In This Issue:
- Campbell River’s Eagle Ridge with projected 109 units starting Phase One this summer.
- City of Powell River gives third reading to zoning bylaw applications for two new projects in city.
- Former Alberni District Secondary School property in Port Alberni one step closer to new single and multi-family subdivision.
Around Town: Single-family benchmark price surpasses $500,000 in May
The benchmark price of a single-family home in the Vancouver Island Real Estate Board (VIREB) area broke the $500,000 mark in May, rising to $507,700, a 17 per cent increase from one year ago. Sales of single-family homes were down 17 per cent from last year but posted a month-over-month increase of nine per cent. (more…)
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