In the first quarter of 2024, Calgary experienced a record-breaking increase in building permit applications, with a 34% year-over-year growth resulting in 5,384 permits filed - the highest in a decade. This surge highlights Calgary's attractiveness for living, working, and business establishments. Notably, 82% of the permits issued were for residential projects, contributing significantly to the city's "Home is Here" housing strategy. The quarter saw $1.3 billion worth of construction projects commence, including residential, commercial, and industrial developments, showcasing strong investment confidence in Calgary. Detailed information on permit values by ward and community is available on the city's website and open data catalogue.
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