Condo permits spike

AIRDRIE РNearly $3.5 million in revenue was pumped into Airdrie’s economy last year on the heels of a spectacular year for construction growth in 2012.

The City of Airdrie reports that the number of building permits increased 42 per cent over 2011, which translated into $3.4 in revenue and $365 in construction value.

It was a strong year in the multifamily housing construction industry, especially duplexes and multi-family units (apartments), which accounted for 582 permits (126 and 456 permits respectively).

Read more: http://tinyurl.com/a7p4kav