Projects & Infrastructure
Hamilton construction surpasses $1 billion for 10th year running
July 12, 2022 By Don Horne
For the tenth straight year, the Hamilton, Ont. has surpassed $1 billion worth of construction projects since the beginning of 2022, hitting the mark on June 17.
It is the earliest in Hamilton history and 13 days earlier than the previous record in 2021.
Total construction value up to and including June 2022 is comprised of 72.7 per cent residential, 25.7 per cent industrial, commercial, and institutional, and 1.6 per cent miscellaneous (signs, demolitions, fire repair, tents, sewage systems, protective plumbing, etc).
Residential construction has increased 31.1 per cent over the previous three-year average for a total of $749 million.
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