City of Airdrie - Record-breaking $454 Million Construction Year



    AIRDRIE, AB, Jan. 8 /CNW/ - The City of Airdrie experienced a
record-breaking 168 percent increase in construction value in 2007, totaling
$454 million, compared to $270 million in 2006. In 2005, Airdrie recorded
$185.3 million in construction value.
    "Due to our location in the heart of Alberta's heated economy, Airdrie
experienced an exceptional building year," says Darryl Poburan, Building
Inspections Team Leader. "2008 looks like another record year with several
large projects already on the horizon."
    A record 11,815 plus permits were applied for in 2007 (9,443 in 2006) and
City Inspectors completed 23,866 inspections compared to 18,504 in 2006.
    "Growth in Airdrie has traditionally occurred around residential
development. For the second year in a row commercial and industrial growth was
very strong," says Kent Rupert, Planning and Economic Development Team Leader,
City of Airdrie. "New commercial, office and industrial investment increased
by 161 percent in 2007. This provides Airdrie residents with more
opportunities to work and shop close to home."
    The commercial and industrial permits recorded a remarkable increase to
approximately $129 million up from $80 million in 2006. Two of the larger
projects applied for include, a $41.8 million Costco Distribution Warehouse
and a $28 million addition to East Lake Recreation and Wellness Centre.
    "Airdrie is quickly becoming recognized as a modern, dynamic and
energetic community," says Rupert. "The diverse nature of the projects
occurring in the downtown and throughout Airdrie demonstrate that people want
to live here, and businesses want to be located here."





For further information:

For further information: Tara Richards, Communications Coordinator, City
of Airdrie, p. (403) 948-8800 ext 722, c. (403) 862-0374,
tara.richards@airdrie.ca, www.airdrie.ca

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