Friday April 18, 2014

Construction falls slightly short of City’s prediction

The much-anticipated construction permit for the expansion to Royal Inland Hospital didn’t happen in 2013.

And that left the City’s construction-value tally slightly under the predicted $160 million for the year.

City development and engineering services director Marvin Kwiatkowski said Tuesday the value of commercial and residential construction in Kamloops in 2013 will come in just under $150 million.

“We predicted $160 million, but we also expected the hospital to come in during the year,” he said.

Residential construction was higher than anticipated, with the number of units built coming in at 501. The last time residences surpassed the 500 mark was in 2010, when it set a record of 660 units.

Multi-family housing made up the majority of 2013’s residential units, with 169 single-family homes built — just above the 165 expected by the City predictions.

Looking ahead, Kwiatkowski said the construction value for 2014 is anticipated to be slightly higher than that of 2013.

He’s put the bar at $180 million, especially given there are some big-ticket items in the hopper that haven’t been approved just yet.

Those projects include expansion at Molycop, a six-storey, 66-unit residential project at the Kamloops United Church downtown, 45 residential units at the Culos project at McGill and Summit Drive, and, of course, the RIH expansion.

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