SWIFT

The Southwest Booster - - NEWS -

Swift Cur­rent's 2014 to­tals mark an im­pres­sive 72 per cent in­crease from a still solid $38.5 mil­lion per­mit to­tal dur­ing 2013.

Driv­ing the in­crease was a 56 per cent jump in res­i­den­tial build­ing per­mits from the pre­vi­ous year, with growth from $25.95 mil­lion in 2013 to $40.38 mil­lion this year. Those to­tals were driven by 41 sin­gle fam­ily and du­plex units and 90 condo units, with Riverview Vil­lage Es­tates com­pris­ing the majority of the condo to­tal.

This year's ad­di­tional res­i­den­tial build­ing per­mits have helped con­trib­ute to the 850 new res­i­den­tial units con­structed in Swift Cur­rent since 2007.

The com­mer­cial/in­dus­trial per­mit growth has in­cluded a se­ries of larger prod­ucts over the cal­en­dar year, in­clud­ing: CJ Oil­field Con­struc­tion, Pater­son Grain, Husky En­ergy, Cus­tom Truck Sales, SaskPower (in the for­mer Mo­dus build­ing), Pumpjack Equip­ment Ser­vices, Kruse Glass, Simp­son Seeds, Ilta Grain, TW Com­modi­ties, Kurt's KFC, Stan­dard Mo­tors and oth­ers.

Sal­berg also re­ported on a se­ries of en­cour­ag­ing statis­tics for de­vel­op­ment to­tals in 2015. A to­tal of 33 de­vel­op­ment per­mits have been is­sued over the first 11 months of the year. after sell­ing 13 acres of in­dus­trial land, the City has now sold all but seven acres of city-owned in­dus­trial land sit­u­ated in the Munro In­dus­trial Park. As well, with land sold out in the High­land Sub­di­vi­sion, the City has be­gun sell­ing 47 new res­i­den­tial lots in the SaskVal­ley Sub­di­vi­sion. Plans are also un­der­way to be­gin the next phase of lots in the new sub­di­vi­sion, with an an­tic­i­pated 77 ad­di­tional lots be­ing moved into their saleable inventory start­ing next sum­mer.

A se­ries of projects which have al­ready been ap­proved will re­sult in sig­nif­i­cant con­struc­tion ac­tiv­ity dur­ing the new year.

The con­struc­tion of the Swift Cur­rent Long Term Care Fa­cil­ity will be the largest project com­pleted in Swift Cur­rent, but a se­ries of ad­di­tional projects will also add to the chang­ing Swift Cur­rent land­scape. Com­mer­cially, a new Mark's Work Ware­house and Sport­sCheck will be built ad­ja­cent to the Cana­dian Tire lo­ca­tion. A new com­mer­cial build­ing has been ap­proved for prop­erty next to The Brick and Pin­na­cle Sports. Also, fur­ther com­mer­cial de­vel­op­ment will oc­cur north of the Home Inn and Suites.

In­dus­trial con­struc­tion will also add a se­ries of ad­di­tional build­ings in the Munro In­dus­trial Park, in­clud­ing the build­ing of a Fed­er­ated Co-op propane fa­cil­ity, new in­dus­trial shops in Swift Cur­rent's west end, plus other projects in Munro In­dus­trial Park.

Res­i­den­tial projects will also con­trib­ute to the avail­abil­ity of hous­ing in the city, with a 18unit town­house de­vel­op­ment ap­proved on Dou­glas Drive, along with a 24 unit se­niors rental multi-fam­ily de­vel­op­ment on the cor­ner of Saskatchew­an Drive and Dou­glas Drive.

Swift Cur­rent Mayor Jer­rod Schafer said por­tions of this re­port sim­ply jumped off the page at him.

"When you look at over $40 mil­lion in res­i­den­tial con­struc­tion in Swift Cur­rent in 2014. What that tells me is that peo­ple are choos­ing that Swift Cur­rent as a good place to invest in, and a place that they want to live in."

Go­ing back to 2007, Swift Cur­rent has now added 850 res­i­den­tial units in the city, a con­struc­tion rate which bodes well for true pop­u­la­tion growth that ac­com­pa­nies that to­tal. If there are an av­er­age of two peo­ple per added unit the city has grown by 1,700, and at three peo­ple per unit the growth jumps to 2,550 sim­ply from new units.

Schafer noted that $18.5 mil­lion in com­mer­cial/in­dus­trial de­vel­op­ment is a tes­ta­ment to the con­fi­dence of in­vestors in Swift Cur­rent.

"That's in­vestors, both peo­ple in Swift Cur­rent or peo­ple that are look­ing for a place to invest, as hav­ing con­fi­dence in the peo­ple of our com­mu­nity and the econ­omy of our com­mu­nity. I think that's re­ally telling. The num­bers are up, but they've been very sig­nif­i­cant over the last num­ber of years."

"It's not us that sit around this ta­ble that are con­fi­dent in Swift Cur­rent, it's peo­ple that are choos­ing to invest in this com­mu­nity. And $18 mil­lion is pretty strong proof of that."

Schafer also high­lighted by the end of the year Swift Cur­rent will have reached half a bil­lion dol­lars in to­tal con­struc­tion over the past 10 years.

"We've talked a lot about con­struc­tion in the last num­ber of years com­pared to the pre­vi­ous 25 or 30. But the re­al­ity of it is Saskatchew­an has cer­tainly grown in the last num­ber of years, and we've done all that we can to take ad­van­tage of that. And I think the proof is cer­tainly in the num­bers."

"I can't see those trends chang­ing or slow­ing any time soon. Pretty promis­ing and pretty ex­cit­ing stuff I think for our com­mu­nity as we wrap up our Cen­ten­nial year and move into 2015."

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