Construction activity in Summerland was busy in 2022, but down from the level seen in 2021.
Between January and November, a total of 220 building permits were issued.
This is the greatest number in the past five years. December statistics have not yet been calculated.
The construction value was 46,904,000.
During the same 11 months in 2021, the total construction value of building permits issued was $58,236,000.
Brad Dollevoet, director of development services in Summerland, said the number of building permits is at its highest level since 1994.
The slowdown in building permit applications may be the result of rising interest rates and an economic slowdown in the real estate sector, he added.
Parkdale Place Housing Society is proposing a new development at the Legion Village property on Dixon Avenue.
In addition to 81 affordable housing units for seniors, the proposal also calls for the construction of a primary care medical centre on the main floor.
A 45-unit cluster housing development on Landry Crescent in Trout Creek received council approval in November.
The development is comprised of 27 buildings, with 19 duplex buildings, seven single-family homes and one amenity building.
Construction is continuing on the Oasis development along Lakeshore Drive in Summerland.
This development has three buildings.
Two of the buildings will be six storeys high.
Each will contain 12 residential units of 140 square metres in size, and each will have a large deck and a pool.
The third building will have up to 11 commercial units on the main floor and eight resort condo units on the second floor.
In addition, work is continuing on the Hunters Hill project in Summerland.
The first phase of this project is nearly sold out and 55 per cent of the second phase is also already sold out.
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