The City of Burnaby continues to set a record pace for construction, and on Tuesday (November 15) surpassed $2 billion worth of building permits so far in 2022, smashing all previous full-year records.
“During the COVID-19 pandemic when much of the world went on pause, our staff worked hard to continue to process permits and applications, carry out inspections, and establish the master plans that will guide Burnaby’s future development,” said Mayor Mike Hurley. “This report shows that our approach is generating real results – we’re building much-needed new homes and helping to drive economic growth in Burnaby.”
As of November 15, the City had issued 1,133 building permits for a value of $2.105 billion – already a substantial increase over the annual (full year) totals over the last five years.
|Building permits and value|
|2022 (to Nov 15)||1,133||$2.105 billion|
The City’s innovative housing policies are also driving the creation of a record amount of rental housing in Burnaby, with more than 12,000 units of rental housing now being built or in the development stream. And for the first time in Burnaby’s history, more non-market rental units are being built than market rentals.
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