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.”