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HomeNews2023 building permit values outpacing 2021's values in Prince George

2023 building permit values outpacing 2021’s values in Prince George

After a strong March 2023, building permit values slowed down a bit in the Northern Capital last month.

According to a report that will be presented to Prince George City Council on Wednesday, the city issued 24 building permits worth a total of $6.466 million in April this year.

In the same month last year, the City issued 40 building permits worth a total of over $29 million.

Graph showing the breakdown of building permits in Prince George in April over between 2021 and 2023 (Graph courtesy of the City of Prince George)

The largest values from last month came from four new single family dwelling permits, worth $2.692 million, while one new multi-family dwelling permit brought in $2.7 million.

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So far this year, the city has issued 87 building permits worth over $53 million.

Over half of that revenue has come from eight new industrial building permits worth $28.9 million.

Through April last year, 138 permits were issued for a total value of over $88 million.

However, the city is still on pace for a good, year with more value brought in through April of this year, compared with the same timeframe in 2021, which was previously a record year for building permits in the City.

Graph showing the breakdown of building permits in Prince George from January to April over between 2021 and 2023 (Graph courtesy of the City of Prince George)
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