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Education buildings top of the class

Education buildings top of the class

5 February 2016

The value of building consents for education buildings increased strongly in 2015, Statistics New Zealand said today.

They were valued at $1.1 billion. This was an increase of $404 million from 2014, and accounted for half of the overall increase in non-residential building consents.

“This is the first time that education building consents have surpassed $1 billion in a year,” business indicators senior manager Neil Kelly said.

“The largest increases were in tertiary education, driven by science buildings at several universities. There were also large increases for school buildings, especially in greater Christchurch.”

In 2015, the regions with the highest value of building consents for education buildings were:

• Canterbury – $420 million

• Auckland – $260 million

• Wellington – $178 million.

Of the $1.1 billion total, 70 percent was for new buildings, while 30 percent was for refurbishment of existing buildings.

Building consent values are not adjusted for inflation.

See Building Consents Issued: December 2015 for more information about building consents issued in 2015.

For more information about these statistics:


• Visit Building Consents Issued: December 2015

ends

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