Construction activity slowed in Summerland in 2024
- The value of building permits issued in Summerland in 2024 is down significantly, totaling $35,189,132, the lowest dollar value for building permits within the past five years.
- In 2024, Summerland issued 194 building permits, compared to 203 in 2021 and 231 in 2022, which were the highest values recorded.
- Several expected construction projects, including a 40-unit townhouse project, are deferred to 2025 due to lower construction activity in 2024.
- Brad Dollevoet, Director of Development Services, stated that high interest rates and tight lending conditions contributed to the lower construction value in 2024.
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Total News Sources0
Leaning Left3Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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