Building Boom Continues In Saugeen ShoresFebruary 15, 2018 9:33am
Bruce Power’s ongoing Major Component Replacement project is having a direct impact on growth in the Town of Saugeen Shores.
The 2017 year-end report to council listed an increase of 22% in building permits issued, compared to 2016.
The 421 building permits issued in 2017 include 108 new homes, and 95 multi-residential family homes built or being built in Saugeen Shores.
The total building permit value increased 74% from 2016. Construction value capped at $76.7-million in 2017, with projections to surpass that amount in 2018.
“Saugeen Shores is in the midst of a major growth period. We’re experiencing spin-off from the largest infrastructure project in Canada, happening only 25 km away at Bruce Power, in addition to being a choice destination for entrepreneurs and tourists,” says Mayor Mike Smith. “The town has positioned ourselves well for this significant growth, and we welcome all new residents and businesses to our community.”