Last year was another great year for Calgary’s development and construction industry despite challenges such as skilled labour shortages, high material costs and limited availability of supplies and equipment, our city continued to grow and significant investments towards its future made.
Our city’s growth is evident with 18,855 building permits issued in 2022 totalling $5.5 billion. Commercial multi-residential projects were up nine per cent from 2021. Building permits for single and semi-detached homes were down two per cent from 2021, but up 32 per cent from the five-year average, totalling 5,418 permits.
Trade, building and development inspection volumes also reflect the booming 2022 construction season in Calgary. A total of 204,844 inspections were completed in 2022, up 14 per cent from 179,447 in 2021.
To further support our city’s growth, several notable projects were completed in 2022. The City issued occupancy for major projects such Calgary Cancer Centre, a $868.3 million centre providing access to comprehensive cancer care services in a world-class facility. Additionally, The City issued occupancy for Mathison Hall, a $62.8 million addition to the Haskayne School of Business offering a new, exciting business education experience.
Additional occupancies, with construction values exceeding $25 million, include:
- Curtis Block, a 36-storey apartment building in Beltline - $165.3 million
- West Village Towers, 236 units in Downtown West End - $118.7 million
- Amazon Distribution centre, a 2.6-million square foot warehouse in East Shepard Industrial – $400 million
- Mixed-Use Highrise, 369 units in Beltline - $95.3 million
- One Tower Alberta, 379 rental units above commercial and retail space in Beltline - $91.6 million
- MacKimmie Link & Block, a four-storey University of Calgary building - $78.5 million
- Trico Communities Building 4 & 5, two residential apartment buildings with a combined 122 units - $68.2 million
- Calgary Student Residence, 348 units on Banff Trail - $61.2 million
More information on building permit application values is available by ward, and community, on calgary.ca. Data on building permit values is also available on the open data catalogue.
|