Hanover’s 2017 building stats are in.
It was a year of growth for some sectors and not so much for others.
In 2017 the Hanover had just over 30 million dollars worth of construction value take place, which is double that of 2016.
And while the overall construction value is twice that of the previous year, the number of new residential and multi residential construction was much lower than expected.
Director of Development Don Tedford was expecting the construction of about 35 new homes but instead there was only 24.
Multi residential took a huge nose dive, sitting a 20 in 2016 and dropping all the way down to 4 in 2017.
Tedford says it was not a lack of lots or interest in new homes but rather a lack of skilled trades people to construct the homes.
He says with all of the building activity taking place in the Port Elgin and Kincardine area right now related to Bruce Power, there is a smaller pool of skilled labourers to draw from locally.
He adds the new Hanover Senior School build project is also utilizing a lot on local trades people.
Tedford adds that a local plumber recently informed him that he had to resort to advertising in the UK in search of new skilled labourers for employment because of the lack of skills trades locally.
Residential renovations dropped 21 percent in 2017, this is also connected to the trades shortage.
Fortunately, even though there was not a lot of new residential build projects, Hanover’s commercial,industrial and institutional sectors had a huge boom last year.
Tedford notes this is particularly exciting for the commercial sector which over the last few years has experienced a bit of a lull.
He says Hanover has had some hard hits over the years including the loss of Zellers and the construction of Wal-Mart’s in Port Elgin and Listowel, but after all of that, he says the commercial sector is making a comeback.
Meanwhile some of the bigger construction projects of 2017 included : the new Senior School build project as well as work on the new Vet Clinic, the new Tim Horton’s project and the major renovations work at the Hanover Mall to name a few.
Tedford expects 2018 to be another successful year of building activity for Hanover.
Overall 115 building permits were issued in 2017, valued at just over 30 million dollars. Hanover collected almost 342 thousand dollars in building permit fees.