Welland Had A Record Year In 2017 For Building And Development Activity; Positive Trend Expected In 2018
The City of Welland witnessed a record year in 2017 for building activity and residential growth, based on data provided by the city's Building and Planning Division.
There has been a steady increase in the number of building permits issued over the past ten years:
Year Number of Value of Permits
2008 492 $61,188,349
2009 499 $80,844,470
2010 457 $95,646,000
2011 439 $53,899,310
2012 514 $83,389,950
2013 654 $61,735,350
2014 636 $80,134,750
2015 641 $70,323,900
2016 622 $81,772,200
2017 726 $164,548,600
In addition to issuing a record number of permits last year, the city also saw the highest number of residential units constructed, with 223 in 2017 compared to the 2008 - 2016 average of 151 units.
Year Dwelling Units
"There is a lot of buzz in the community as people are
noticing that Welland is growing, and the upward trend in building and development activity shows that," said Welland Mayor Frank Campion. "We're attracting new residents, including many from the GTHA, and from within Niagara Region, who value our amenities, programs and services, quality of life, and appreciate Welland's affordability."
"Our organization, through the hard work of city staff, has gained a reputation among builders and developers as being good to work with as we pride ourselves on providing friendly, knowledgeable, and timely service, and we consider ongoing consultation and engagement with these key stakeholders as a method of business," said Gary Long, Chief Administrative Officer.
"Over the course of 2018, we look forward to partnering with the private-sector to announce the specific details of new residential development projects in the city and welcoming new commercial and industrial investments that are creating jobs," said Dan Degazio, Director of Economic Development.
Welland's population is 52,293 based on 2016 Census data. According to the city's forecast the city's population is projected to grow 18,070 by 2041. City staff are projecting an equal or greater amount of new dwelling units in 2018 if market conditions remain consistent. For more information on city development projects visit welland.ca.