Hamilton has reached the $1 billion mark in construction this year, hitting the milestone in an unprecedented eight months.
The $1 billion mark represents 4,719 building projects in the residential, institutional, commercial and industrial sectors. The value of industrial building permits in the first seven months of this year is up 151 per cent over the average of the last three years, compared to 14.4 per cent for the residential building sector. The city has reached this monetary mark in nine of the last 10 years, but this is the earliest point in a year that the city has hit the $1 billion mark. The previous record for reaching this point was in nine months, set last year.
“This record setting construction value is an indicator of the success of the construction industry in Hamilton which works hard every day to make our city a better place. As a municipality, we’re proud to work alongside the many reputable developers, owners and contractors who give their best to our city, our Hamilton,” said Ed Vanderwindt, Hamilton’s chief building official and building division director.
These are the top projects that are key to this Hamilton construction milestone:
- 700 Woodward Ave. — the Woodward Wastewater Treatment Plant with five components of various projects totalling over $129 million which include the superstructure of a three-storey, 2,475-square-metre processing plant; a one-storey 3,690-square-metre tertiary treatment building (with basement) and a two-storey 1,090-square-metre chemical facility; a new 3,513-square-metre chlorine contact tank and 96-square-metre building and modifications to the Red Hill Creek building; a 4,652-square-metre addition to the south plant aeration tanks and renovations to the existing blower building and aeration tanks; and a 2,784-square-metre addition and renovation of the existing south RAS pump station and south plant secondary clarifier tanks.
- 446 Dundas St. East — a $65. 1 million residential building of 251 units. It will be 12 storeys (19,824 square metres) with an additional one storey, 10,443 square metres of underground parking.
- 1280 Main W — a $32.8 million addition to McMaster University’s existing David Braley Athletic Centre and Ivor Wynne Centre buildings, consisting of a four-storey west addition and a two-storey east addition, totalling 10,052 square metres of new gross floor area.
- 591 Garner Rd. W — a $14 million, five-storey, 6830-square-metre, 79-unit apartment building (with basement).
- 52 Ottawa St. N. — the YWCA, which will be a $13 million, six-storey, 4,159-square-metre apartment building and community centre.
According to Statistics Canada, Hamilton ranked third in the country for the most growth in value of building permits.
Total construction value (end of July) so far this year for Hamilton is made up of 60.7 per cent residential, 8.2 per cent commercial, 11.1 per cent institutional, and 17.8 per cent industrial.
In 2018, Hamilton saw $1.26 billion in construction — the second highest annual total ever.
“This important milestone sends a strong message that the momentum in Hamilton is real. With major investments and development happening now and into the future, I am proud of the dedication of City staff and building partners as we continue to work together to create employment opportunities and ensure Hamilton’s transformation can and will move forward,” said Fred Eisenberger, Hamilton’s mayor.