Are Hamilton Building Permits Declining even though Construction Value is High?
Alana Modi2025-11-12T15:45:08+00:00Hamilton surpasses $2B in construction value, but number of permits declining In October the City of Hamilton surpassed $2 billion in construction value for building permits, a new record reached five days earlier than in 2023. Mayor Andrea Horwath called the achievement proof of Hamilton’s growth and collaboration between builders, city staff, and developers. Click here for the press release. While this reflects strong investment, HHCA past president Ryan Kneisz spoke with the Daily Commercial News expressing concern and cautioned that the decline in permit numbers signals rising construction costs and economic pressures that could affect long-term growth. “The true measure [...]
