{"id":6309,"date":"2015-10-07T14:40:16","date_gmt":"2015-10-07T14:40:16","guid":{"rendered":"http:\/\/newscoverage.org\/?p=6309"},"modified":"2015-10-07T16:31:30","modified_gmt":"2015-10-07T16:31:30","slug":"construction-project-values-jump-70","status":"publish","type":"post","link":"https:\/\/newscoverage.org\/index.php\/2015\/10\/07\/construction-project-values-jump-70\/","title":{"rendered":"Construction project values jump 70%"},"content":{"rendered":"

By Robert Frank<\/a><\/strong><\/p>\n

Investors have poured capital into construction in Laval in 2015. The value of all construction projects here has jumped to $714.1 million so far this year, up more than 70 percent from $418.5 million from January-August last year, David de Cotis reported.<\/p>\n

\u201cThose numbers testify that Laval is an economic powerhouse,\u201d crowed the city\u2019s executive committee vice-chairman.<\/p>\n

Laval\u2019s population has soared thanks to its ability to attract newcomers. It has issued building permits to construct 1,250 residences so far this year, compared with 782 residences in the first eight months of 2014. In August 2015 alone, the city issued 36 permits worth $54.1 million\u2014nearly five times the $11.1 million worth issued in August 2014.<\/p>\n

The city\u2019s demographics have also diversified at a meteoric pace.<\/p>\n

\u201cIt\u2019s booming, compared with other cities across Quebec. More people are moving here from Montreal and those who already live here want to stay,\u201d de Cotis told The Suburban.<\/em><\/p>\n

\u201cThe population is about 420,000 now,\u201d he said in an interview. \u201cIt\u2019s getting close to a 50:50 ratio of francophones to non-francophones.\u201d<\/p>\n

As a result, within the next decade, Laval is projected to overtake Quebec City as the province\u2019s second-most populous municipality.<\/p>\n

\u201cThere\u2019s no mistaking the significance of investment in terms of new homes and renovations,\u201d de Cotis added. \u201cIn comparison to Montreal and Quebec City, Laval is way ahead of the pack.\u201d<\/p>\n

He attributed his city\u2019s success formula to its strong transportation links.<\/p>\n

\u201cIt\u2019s close to Dorval airport and Mirabel,\u201d he said. \u201cHighways 15, 13 and 25 provide easy access to the north and south of city. Plus, when it comes to self-sufficiency, we can feed ourselves from local farmland where we grow our crops\u2014and our water quality is rated tops in Quebec.\u201d<\/p>\n

\"real-estate-market-condominium-Toronto-conference-board-Canada-mortgage-Genworth-insurance-Condo.ca_-600x330\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Robert Frank Investors have poured capital into construction in Laval in 2015. The value of all construction projects here has jumped to $714.1 million so far this year, up more than 70 percent from $418.5 million from January-August last year, David de Cotis reported. \u201cThose numbers testify that Laval is an economic powerhouse,\u201d crowed<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6309","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nConstruction project values jump 70% - Newscoverage<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newscoverage.org\/index.php\/2015\/10\/07\/construction-project-values-jump-70\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Construction project values jump 70% - Newscoverage\" \/>\n<meta property=\"og:description\" content=\"By Robert Frank Investors have poured capital into construction in Laval in 2015. The value of all construction projects here has jumped to $714.1 million so far this year, up more than 70 percent from $418.5 million from January-August last year, David de Cotis reported. \u201cThose numbers testify that Laval is an economic powerhouse,\u201d crowed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newscoverage.org\/index.php\/2015\/10\/07\/construction-project-values-jump-70\/\" \/>\n<meta property=\"og:site_name\" content=\"Newscoverage\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/robert.frank.90834\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-07T14:40:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-10-07T16:31:30+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/newscoverage.org\/wp-content\/uploads\/2015\/07\/real-estate-market-condominium-Toronto-conference-board-Canada-mortgage-Genworth-insurance-Condo.ca_-600x330-300x165.jpg\" \/>\n<meta name=\"author\" content=\"editor robert\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editor robert\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2015\\\/10\\\/07\\\/construction-project-values-jump-70\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2015\\\/10\\\/07\\\/construction-project-values-jump-70\\\/\"},\"author\":{\"name\":\"editor robert\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/#\\\/schema\\\/person\\\/fc82a2a747f4a72f7a4833658ab077a3\"},\"headline\":\"Construction project values jump 70%\",\"datePublished\":\"2015-10-07T14:40:16+00:00\",\"dateModified\":\"2015-10-07T16:31:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2015\\\/10\\\/07\\\/construction-project-values-jump-70\\\/\"},\"wordCount\":288,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2015\\\/10\\\/07\\\/construction-project-values-jump-70\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/newscoverage.org\\\/wp-content\\\/uploads\\\/2015\\\/07\\\/real-estate-market-condominium-Toronto-conference-board-Canada-mortgage-Genworth-insurance-Condo.ca_-600x330-300x165.jpg\",\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2015\\\/10\\\/07\\\/construction-project-values-jump-70\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2015\\\/10\\\/07\\\/construction-project-values-jump-70\\\/\",\"url\":\"https:\\\/\\\/newscoverage.org\\\/index.php\\\/2015\\\/10\\\/07\\\/construction-project-values-jump-70\\\/\",\"name\":\"Construction project values jump 70% - 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