Come summer and there will be flurry of construction activity across Mississauga and with it comes disruptions and traffic nightmares.
Among the major construction projects is the Hurontario LRT, Inspiration Lakeview, Inspiration Port Credit, Reimagining the Mall among a slew of other smaller projects. In all the city has issued more than 4,000 construction permits in 2017, an increase of approximately eight per cent from the previous year.
The total value of construction permits remains at $1.3 billion for the third consecutive year.
These building investments are expected to add to Mississauga’s tax base which in turn will allow the city to undertake projects in the public interest.
The city says it issued permits 10 per cent faster than in previous years with the full integration of ePlans into the building permit process.
Approximately 79,000 building inspections were also completed by the city on permits issued.
Mississauga has also made a little easier for residents who want to register secondary units. The process has become easier for anyone wanting to convert their basement into a separate rentable unit.
It’s important to note that the city has a vested interest in registering more secondary units, as the suites are typically less costly and can count towards Mississauga’s affordable housing inventory—something that a city with a rental vacancy rate of just 1.6 per cent (a healthy rate is three per cent) needs.
As for the numbers break down, the city says it issued $516 million in residential permits, $417 million in industrial permits, $283 million in commercial permits and $46 million in other permits for schools, government buildings and churches. – CINEWS