Home Insights & Data Hamilton’s Building Permits
Current & Historic Building Permit Values
City of Hamilton
In 2023, the City of Hamilton set a new record with building permits valued at an estimated $2.55 billion in construction value – the highest in the city’s history. This represents a 137.4% increase from 2022, and a 119.8% jump from 2021, highlighting Hamilton’s unprecedented growth in residential, commercial, and industrial development.
Source: City of Hamilton
Source: City of Hamilton
The Historic Top-5 Building Permit Years
City of Hamilton
Four of the City of Hamilton’s top-five years for building permit values occurred within the last five years, highlighting a period of significant construction activity and investment. In 2012, the value of building permits approached $1.5 billion, a notable milestone at the time. In 2021, Hamilton surpassed $2 billion in building permit values for the first time.
Source: City of Hamilton
Source: City of Hamilton
Sectoral Building Permits to Date
City of Hamilton
In 2023, combined industrial and commercial building permits were valued at approximately $700.05 million. This marks the best year record for industrial building permit values in the City of Hamilton and the second-best year for combined industrial and commercial permit values, underscoring significant investment in the city’s economic infrastructure.
Source: City of Hamilton
Source: City of Hamilton
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