Commercial and industrial construction maintain strength in Airdrie, Alberta
The value of construction in the City of Airdrie, Alberta dropped significantly in 2008, but the city still experienced the best year in its history in the commercial and industrial sectors.
The value of construction in Airdrie was $184 million in 2008, which is a sharp drop from $454 million in 2007 and $270.6 million in 2006. However, the value of construction last year was comparable to the $185 million in 2005.
“We had another very strong year in commercial and industrial construction,” said Airdrie building inspections team leader Darryl Poburan.
“We saw $62.6 million in construction value, the third highest year in Airdrie’s history, with major projects including a new strip mall, furniture store and financial institution.”
Airdrie continued to generate great interest from commercial and industrial developers. “We saw several large projects again this year,” said Kent Rupert, Airdrie economic development team leader.
“Considering the economic state we find ourselves in, overall it has been a good year for the City of Airdrie and development within the city.
Airdrie has a population of about 34,000 and is located just north of Calgary. (More)