Ontario Construction News staff writer
Building permit activity in 2022 hit $901 million and surpassed any year in Oshawa’s recorded history, including the previous record set in 2017 at $614 million.
In total the cityset 25 new building records in 2022. Highlights include:
- highest total construction value issued in any one year ($901,813,500)
- highest total residential construction value issued in any one year ($762,115,500)
- highest number of accessory dwellings issued in one year (225)
- highest number of townhouses issued in February on record (91)
New buildings issued in 2022 include RioCan’s development at Simcoe Street North and Winchester Road West; new industrial buildings across the city; and two new apartment buildings.
Mayor Dan Carter began his annual State of the City address recently reflecting on a successful 2022 and the record building stats. “This incredible year of construction reflects a rapid pace of investment and economic growth,” Carter said. “We’ve seen billions of dollars invested in recent years and thousands of new jobs created from major international companies which is further positioning Oshawa as one of the best places to live, learn, work and invest.”
From 2018-2022, Oshawa issued more than $250 million in job-producing industrial building permits and more than $2.7 billion in total building permit values over the same period.
Looking forward, the Northwood Business Park is the next prime employment development opportunity. More than 500 acres of developable land has been designated for employment and commercial uses, attracting investment near the Oshawa Executive Airport.
A complete list of the 25 building records and new developments issued is featured below.
“Oshawa has recently become recognized for breaking development records and 2022 was no exception with 25 new building records and total construction value breaking all records approaching $1 billion,” said Councillor Tito-Dante Marimpietri.
“Prestige employment lands such as Northwood Business Park with the projection of thousands of new jobs, are bringing unprecedented momentum to Oshawa as an economically diverse and thriving employment hub within the GTA; one that blue chip companies and AAA industrial tenants are being attracted to in a way not seen since the Industrial Revolution.”