Value of building approvals near record high

Commercial and residential construction underway in the City.  

Commercial and residential construction underway in the City.

Building approvals have reached a near record high in value with more than $128 million in building applications and planning applications worth over $110 million being approved in the last 12 months.

City of Greater Geraldton Mayor Shane Van Styn said although the number of town planning applications had decreased slightly their estimated value had risen considerably.

“These numbers show that the Geraldton economy is holding steady and back on the path to growth,” he said.

To ensure the demands of the development and construction industry are met the City continues to provide a quick turn around on applications. On average, a building permit takes six working days and a planning application 10 working days to approve.

“By assessing applications quickly the City is able to support the construction industry which is keeping the City’s economy moving in a positive direction,” Mayor Van Styn said.

Building projects that received approval in the last twelve months include $62 million for new residential dwellings and $30 million for commercial applications.