2014 wasn’t a banner year for residential development in Bracebridge, but new policies are in place which could improve things this year. Residential building permits were off from 2013 by about 50 percent. Cheryl Kelley, Bracebridge’s Director of Development Services says some of the reasons were the late building season, the uncertain economy and a trend that’s seeing an interest in developing row housing and small apartment buildings. These medium density projects were in the planning stages last year and didn’t get fully off the ground. Kelley says Commercial/Institutional and Industrial permits remained on par with last year, which means the local business community continues to invest. More from Kelley on what we might expect for this year…
Kelley adds that building permit inquiries are going up at this time at the Town’s development services desk.