A $10 million hotel permit was the main driver behind the value of construction last month in Fort St. John, but the total was slightly less than what it was for the same month in 2014.
$17.5 million was the July total this year as opposed to last year’s $20.1 million, and in terms of city revenue last year’s monthly total of almost $99,000 was also slightly ahead of this years, which was just over $87,000.
However, in both comparative cases, the spread would have much greater without the hotel permit, since it was one of only 19 issued last month, and on a year-over-basis that total was only one third of the 57 issued in July last year.
The hotel permit for the new 123 room Best Western Plus, at 8322, 86th street, was the second one issued in the past two months, following one In June for nine point six million for a hotel to be built at 9519 111th street.
The two hotel permits represent about 40 percent of a construction value total in the previous two months of $48 million, which in turn represents nearly half of the year-to-date total of $105.7 million.
That still leaves the city more than $15 million ahead of last year, when the seven month total was $90.3 million.
Among the permits likely still to come this year is the one for the new North Peace Savings and Credit Union building, on the 100th street site of the now demolished St. Martin’s Anglican Church.
Ken Dixon, who is Vice-President of Strategy Execution, says they’re still in the designing phase for what is likely to be a three story structure.
However, he does confirm the overall theme is to tie into downtown revitalization plans, and the Credit Union plans still call for putting all the services provided at the two current locations on 100th street, and the Alaska Highway, under one roof, likely resulting in a staff of 80 to 100 people.
Mr. Dixon adds, it’s hoped to have the design plans done within the next two months and by then there should be something more to report on construction time lines and cost estimates.