Permit construction values in Golden hit seven-year high in 2015 Print Article Font Size
Building permit construction values in Golden are resulting in one of the good news stories of the year for the municipality.
 
To date, the Town of Golden has issued 57 building permits with a construction value of over $8.7 million. By year-end, that number is projected to exceed $9.3 million with the upcoming Durand Manor addition.
 
 Some of the noteworthy projects that contributed to the increase include the craft brewery, the Alexander Park Elementary School Early Learning and Care addition, the fa├žade upgrade to the Tim Hortons main store, the Golden and District Hospital’s Airborne Isolation Room and a timber frame addition which rebranded the Range to the Bear’s Den restaurant.  
 
“2015 is shaping up to be the best year for building in Golden since 2008,” says Mayor Ron Oszust. “This is great news for our community and shows that Golden has rebounded and continues to have the confidence of several economic sectors including homeowners in its growth potential.”
 
Golden saw strong increases in the residential, commercial and government alterations, with residential driving nearly half of the permit values.
 
“The stats show a healthy split between all classifications of construction with residential development accounting for roughly 40% of the construction value,” says Town of Golden’s Manager of Development Services Phil Armstrong. “Having a well-rounded mix of development shows balanced community growth.”
 
By far the most significant project in 2015 was Phase 1 of the craft brewery, with a construction value of $2.6 million.
 
“The brewery is the first new building in Golden’s downtown core in nearly 30 years and it is truly a great project which can have substantial potential benefits for the area,” says Armstrong. “As a resort town, a craft brewery can assist in marketing and promoting the region. Furthermore, the owners are planning to conduct tours, which will add tourism value to the area. From an economic development perspective the craft brewery will employ people directly and create numerous economic spinoffs.” 
 
The Development Services Department would like to thank the public, the development community and contractors for their patience during this busy year as it worked to keep processes timely and efficient for them.
 
“With the increasing intensity of development activity, several pro-active planning initiatives have been placed on hold indefinitely. This is a great story for everyone and it’s also a classic small town staff capacity issue,” says Jon Wilsgard, Town of Golden CAO. “When development comes knocking, it takes precedence till we can hopefully get back to our future-thinking projects.”
 
For more information on building permits in Golden, contact the Development Services Department at Town Hall or visit the Departments section on our website, www.golden.ca.