Tuesday 4 September Building consent value will top $200
million
The value of building consents for
major commercial projects across the city will reach $200
million in the next week.
Council records show that for
the last week of March the value of consented works for
commercial projects over one million dollars was $9.1
million. By Friday 24 June this had increased to $89.1
million, and by last Friday had reached almost $199.9
million.
“In the last ten weeks the total accumulated
works for building consents has doubled and is a strong
indication that there is growing confidence around
commercial projects across the city’, says Council
Building Operations Manager Ethan Stetson.
“We’re
continuing to see strong interest in pre-application
meetings and of course this makes the consent process go
faster as many issues are resolved or clarified in those
discussions.”
The figures include a total of 82 building
consents for major commercial projects granted across the
city, seventeen of which are within the Four Avenues. Eight
of these consents were granted in the last ten weeks.
“
Certainly we can take heart from these figures – this is
no small achievement over a six month period.” -ends-
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