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New Home Construction Leads the Way in Woodstock

Wednesday, 13 February 2013 10:08

The Friendly City is growing at a strong and steady pace. New construction is evident in all corners of the city, and the latest building permit numbers at City Hall back that up. The 2012 Annual Building report, put together by Chief Building Official Craig Wallace, shows residential development led the way. "It was a very positive building report for 2012. Residential led the way with construction values at $85-million." That by far eclipses any year for new home construction over the last decade. Wallace says part of the strong residential posting stems from construction of two major retirement homes. "Oxford Gardens contributed 88 units and the Woodstock Retirement Home (in photo), which is under construction at Finkle and Juliana, was 125 residential units." But Woodstock also had a strong year on the industrial side with many local companies expanding, paying out $18.6-million in new building permits. That marked the 3rd best industrial year in Woodstock in the last 20-years. It was only outdone by the two years Toyota was building it's assembly plant. Woodstock Development Commissioner Len Magyar expects 2013 should be strong as well. "Obviously the Sysco permit, the balance of that will be a very large permit. We'll see a permit issued to North American Stamping Group, they've announced their expansion. So it will be a good year in terms of dollar value, but it's hard to estimate how many permits will be taken out." Magyar also doesn't want to tip the city's hand about what prospects they may be talking to for future developments.

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