Lake Country - Life. The Okanagan Way.

THE HEART OF THE OKANAGAN
British Columbia, Canada
 


 

Building permit values in Lake Country up $4 million in 2012

News Release
For Immediate Release
January 10, 2013

Lake Country, BC – The District of Lake Country building permit reports for 2012 show that permit values in 2012 were once again at the 2005 level and exceeded the previous year by $4 million.  Since incorporation in 1995 the District of Lake Country has had an average building permit value of just over $26 million per year.  However, 2012 showed a permit value of close to $33.3 million with the value of single family dwellings making up $27.3 million of that total.

Property values are remaining stable according to the BC property assessments sent out last week.  Lake Country had the smallest decrease in the value of the average residential home among all North, South and Central Okanagan jurisdictions, and only Peachland and Lumby residential home values showed an increase, according to the 2013 assessment rolls released January 2nd.

As part of a Business Systems Review implemented throughout 2012, the District of Lake Country streamlined the application process and approval timelines for new development permits.  In August 2012 Council amended the applicable bylaws to allow staff in Planning and Development to work with applicants to approve straightforward development applications without the lengthy process of going back and forth to Development Permit Committee or Council meetings.

“The streamlined process balances the need to move development permit applications forward in a timely manner with the importance of life safety and environmental protection,” said Mark Koch, Director of Planning & Development.  “During the last quarter of the year we saw many applications processed in as little as 3 weeks instead of the regular 12 weeks; and that definitely had a positive impact on our building statistics in Lake Country.”

“I was really impressed with the quick processing time and the ease of dealing with the staff at the District,” said Doug Pusey of Legacy Homeworks, a recent building permit applicant. “I’ve been involved with other similar significant lakefront building projects and this one started on a very positive note due to the straightforward process through Municipal Hall.”

The current increased level of building permit values appears to be sustainable, and with increased business confidence and the proactive approach Council and staff are taking to encourage new starts in the community, 2013 will likely continue to see positive growth.
For more information contact:
Mark Koch, Director of Planning & Development, District of Lake Country
Tel 250-766-5650 or mkoch@lakecountry.bc.ca

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