New BuildingsOver the June 2010 year, a total of 240 new residential dwellings received building consent in Napier, worth a combined value of $62M. The number of new dwellings approved was up 37% on the previous year, whilst their combined value was up 24%. Total new commercial/ industrial building work approved rose 13% in volume terms but fell 8% in value terms over the year, with increased activity occurring in the retail/restaurants, office/administration and storage sectors (the value of new building work consented for the office/ administration sector increased by 94% whilst the volume of new storage buildings consented increased by a factor of 5.5).
The volume of new rural building work consented during the June 2010 year was slightly down in numerical terms but up 19% in value terms. The total volume of all new residential and other buildings consented during the year was up 32% on the previous year whilst the value was up 19%. The total number of building alterations approved during the latest June 2010 year was 3.8% down on the 2009 June year, whilst their combined value was down 28%.
On a more positive note, the June 2010 quarter results for Napier for new residential buildings receiving consent, new storage and farm buildings consented, total all new building construction approved and the volume of residential and retail/hospitality building alterations consented to, were all up noticeably on the June 2009 quarter results.