Already six months of the year have flown by and for construction starts in Sylvan Lake, there’s been an increase of 23 per cent in value over last year.
The hottest sector appears to be multi-family units where permits have been issued for 83 units compared to just 16 in the same period a year ago.
June’s statistics, released by the town last Wednesday, showed another four units permitted in Windward Place. Others are under construction in Ryders Ridge.
Ten new single family homes were approved for construction, at a total value of $1.977 million. They brought the year-to-date total to 51 new homes started, compared to 56 in the first six months of 2013.
Four of the homes are located in Beacon Hill with the other six in Ryders Ridge. The construction values ranged from $164,975 to $264,170 with six under $200,000.
Overall, the total value of construction for which building permits were issued is at $25.555 million this year, a gain of $4.77 million over last year.
Other permits issued during June were for basement developments (9), detached garages (7), decks and deck modifications (6), secondary suites (4), a shed, hot tub and holiday trailer addition.
One industrial permit was issued for a shop addition on Industrial Drive, valued at $216,000.