CBD approvals track uneven climb
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Tuesday, 30 May, 2000 - 22:00
THE number of planning approvals and building licences issued by the City of Perth between 1996 and 1999 shows widely fluctuating but gradual growth according to the City Vitality publication produced by the City.
A total of 451 building licences were issued by the City in the 1998-99 financial year, averaging 113 licences per quarter, representing a small decrease on the previous year’s average of 138 licences.
However, the total value of building licences over this period increased by $10 million, totalling $197 million last year.
The majority of development applications received by the City during the past three years related to office partitioning, commercial developments, signage, health and residential developments.
Commercial applications both for developments and internal modifications revealed the greatest decreases, dropping by 32 per cent.
About 360 inner-city residential developments were completed in 1999, with a further 620 apartment developments still under construction.
Residential developments scheduled for completion are expected to increase almost three-fold with more than 1,000 coming online in 2000.
A total of 451 building licences were issued by the City in the 1998-99 financial year, averaging 113 licences per quarter, representing a small decrease on the previous year’s average of 138 licences.
However, the total value of building licences over this period increased by $10 million, totalling $197 million last year.
The majority of development applications received by the City during the past three years related to office partitioning, commercial developments, signage, health and residential developments.
Commercial applications both for developments and internal modifications revealed the greatest decreases, dropping by 32 per cent.
About 360 inner-city residential developments were completed in 1999, with a further 620 apartment developments still under construction.
Residential developments scheduled for completion are expected to increase almost three-fold with more than 1,000 coming online in 2000.