Tag: London construction
The city enjoyed a 3.2 per cent spike in the value of goods made here, called gross domestic product or GDP, in 2023. However, inflation and interest rates have taken hold to slow that to 1.7 per cent
London’s once hot economy remains âhealthyâ although it slowed this year to a steady pace that is expected to continue through 2025, says an economic report released Thursday. London enjoyed a 3.2 per cent increase in the value of goods made here, called gross domestic product or GDP, in 2023. However, higher inflation and interest […]
Why does fast-growing London rank 47th in Canada in housing starts?
A new report highlights just how inadequate Londonâs pace of home construction has been over the last six years, ranking the city â one of the nation’s fastest-growing â 47th in Canada.
London area housing starts triple in August, third best in province
The number of housing starts in the London area more than tripled in August compared to the same month last year, an indication economic conditions are on the upswing, both the mayor and an organization representing builders say. Construction began last month on 470 units in the London census metropolitan area (CMA), which includes St. […]
The Big Pour: A London concrete job like few others
Enough concrete for the foundations of 125 single-family homes will be poured in one massive job Saturday for a new London apartment tower.
‘Larger than life’ London entrepreneur Archie Leach dies at age 70
 One of the brightest lights in the London business community has been dimmed. Â
Approval rate of new homes skyrockets at city hall, but developers want more
The number of new homes approved for construction by London city council so far this year is through the roof, nearly doubling the total from all of 2023 in just seven months, new city hall figures show.