As Hamilton passes the $1 billion mark for building permits, a look at the seven most expensive projects in Hamilton this year

• By Mike Heddle
• Posted Monday, Aug 29, 2022 10:07 am

As Hamilton passes the $1 billion mark for building permits, a look at the seven most expensive projects in Hamilton this year

Developers have turned their eyes to Hamilton as the city marks its fastest ever climb to $1 billion worth of building permits, says the city’s chief building officer. 

The city announced that as of June 17, it had already passed the $1 billion mark for construction this year — nearly two weeks earlier than the previous record set in 2021, according to a press release.

Described as a “milestone” for the city, that dollar figure represents 3,761 building projects across the residential, commercial, institutional and industrial sectors.

They could include anything from a residential tower or an addition onto a factory, to a gazebo and deck in the backyard of a home. 

Chief building officer Alan Shaw told The Spectator that the record represents a “confidence” that the development community has in the city, especially as the province continues to weather the pandemic.

Shaw said that as developers start to look outside the Greater Toronto Area (GTA) for the home of their next project, their eyes are landing on...[READ MORE]