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Earliest ever date, as Hamilton hits $1 billion in building permits for 2017

Hamilton has reached $1 billion in building permits for a sixth straight year.
Hamilton has reached $1 billion in building permits for a sixth straight year. CHML

The City of Hamilton is on pace for another record year for construction.

Last Friday, economic development officials confirm that the city went over the $1 billion mark in building permits for 2017.

READ MORE: Hamilton weighs bid for Amazon’s second headquarters

It’s the sixth consecutive year for that achievement, but September 29th marks the earliest point in the year for reaching the milestone.

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Director of Economic Development Glen Norton says a 200 per cent increase in the value of industrial construction is a “significant move in the right direction.”

READ MORE: Hamilton mayor to lead trade mission to Colombia

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The $1 billion represents over 6,600 residential, institutional, commercial and industrial projects.

Hamilton Mayor Fred Eisenberger says it all confirms that “development is happening, cranes are up” and “we’re seen to be a good place to invest.”

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