The Region of Waterloo owns and manages physical assets such as roads, traffic signals, buses and related facilities, water and wastewater treatment plants and pumping stations, groundwater wells, water storage facilities, watermains and sewers, an airport, administrative and cultural buildings, community housing, and a fleet of vehicles that together total over seven billion dollars in value.
The total value of building permits issued for new construction in Waterloo Region was a record $1.7 billion in 2019, an increase of 68 per cent from the previous year’s values, and 44 per cent higher than the 10-year average. Both the residential and non-residential building permits increased in terms of value, unit count and overall square footage.
Building permits indicate that 73 per cent of new residential dwelling units in 2019 were within the built-up area (BUA) of the Region. This has been the highest increase since the establishment of BUA boundary and legislation, and has been the tenth consecutive year that the Region’s re-urbanization target of 45 per cent has been exceeded. Non-residential construction within BUA, also reflected a record increase of 75 per cent – the highest ever since the establishment and tracking of BUA boundary.
As the ION is built and the Community Building Strategy is implemented, we will monitor progress and change. We have completed a baseline report with a detailed analysis of the status of the Central Transit Corridor (CTC). We will use this report to compare future progress.
Using the year that ION was approved by Regional Council (2011) as the base year, a set of 16 core indicators were developed to monitor the dual goals of moving people and building community in the CTC. We will produce updates annually to inform residents of the how the program is taking shape.
The Monitoring Change Reports provide an update on progress, growth and change along the CTC. These documents are available in alternate formats upon request.
Check out the window below to experience the changes in the Central Transit Corridor more visually. Click through the tabs to learn more about the indicators.
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