On October 13, 2023, the City officially hit the $2 billion mark, 40 days earlier than the previous record set in 2021, making it the earliest the City of Hamilton has reached this mark. This is the second time the City has hit the $2 billion milestone.
On October 19, 2023, the City broke its all-time construction value record. Overall, the value represents 4,755 building projects within the residential, institutional, commercial and industrial sectors, including permits issued for 3,103 dwellings/units.
The over $2 billion value is an indicator of the success of the construction industry in Hamilton, which in turn supports Hamilton’s economic growth, provides employment opportunities, new housing, and places for businesses to thrive.