Record High In Collingwood Building

I love reading good news.  There’s not enough of it lately and it would appear that some people are happier wallowing in the muddy pits more than they are being  positive and optimistic.  I know, I know.  Half of you think I’m like the proverbial ostrich.  The other half of you are sitting there agreeing.  Whatever you think, here’s a great little local news fact to savour.

shipyardsCollingwood set a new record in February for the value of building permits issued.  There were a whopping 21.57 million dollar worth of permits issued which certainly generated a nice chunk of change for the town in fees and development charges too.

Over $17 million of the permits were related to The Shipyards project  still leaving over 4.25 million from other projects.  In contrast , the town issued only 2.5 million in February 2008.

It’s great to see construction started at The Shipyards and from reports I’ve read, the first phase is over 70% sold.  I have always believed in this project and have my fingers crossed that they do well.  When it’s finished, it will bring life and access to the waterfront and the downtown.   By the way, Frank Gianonne  who is president of the Fram Building Group (one of the developers behind the project) is now president of the Ontario Home Builders Association.  Congratulations Frank and I’m sure you will bring inspired leadership to the organization.


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About Marg

is an award-winning real estate Broker who has successfully been helping people move since 1989. When it’s time for a move in or out of a bigger, smaller, better, more expensive, less expensive, newer, older, house, condo, farm, investment property, vacant lot or business, talk to Marg.

This entry was posted by Marg on Tuesday, March 24th, 2009 at 7:30 am and is filed under About Town, Local News and Current Events, Market Conditions, New Homes/Construction. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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