Ottawa Achieves 30% of 2023 Building Permit Target

Debashis

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There is a notable challenge in meeting the annual target for issuing building permits in the city. As per a recent report, Ottawa has achieved only 30% of its goal to issue 15,100 building permits this year. This target is a crucial part of a broader strategy aimed at promoting the construction of 151,000 new homes across Ottawa by 2031. Although the city has been proactive in granting land use permissions and processing development applications, reaching this annual target will require additional efforts from various stakeholders, as well as favorable economic conditions.

During the first half of the year, the majority of the issued permits were for apartments, followed by row houses and single-family homes. The city council is actively working on strategies to streamline approval processes and encourage a diversity of housing types and densities.

If you are part of this sector, it is imperative to stay informed about these developments and consider aligning your plans with the evolving strategies of the city. For more detailed information, please refer to the full article available here.
 
Location
Ottawa, Ontario, Canada

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