Permit numbers show downtown boom
When
Blaine city manager Gary Tomsic looks at the numbers on
construction in Blaine over the last few decade, he doesnt
see much.
Overall its been tending fairly flat,
he said, looking at bar charts showing the value of new
construction and building permits issued every years since
1992. Total building values range from a low of $6 million
in 1996 to a spike of over $17 million in 1999. Tomsic explained
that the spike in 1999 corresponded to the Port of Bellinghams
reconstruction of Blaine Harbor, not to a market upswing.
You can see the big years are usually big public projects,
he said. There will be another spike this year with
the school. Those projects really make a difference.
While the big picture is pretty bland, Tomsic said the details
of building in Blaine show some interesting trends. The
construction boom in Semiahmoo peaked in 1998 and is on
its way down, as indicated by a dwindling number of building
permits for single family homes in west Blaine. Central
Blaine is doing the opposite, Tomsic said. Theres
some infilling going on and thats great. In
1998 there were 28 permits issued for single family homes
in Semiahmoo, and only one issued for central Blaine. The
numbers have been growing closer ever since and in 2001
17 permits were issued for Semiahmoo and 14 in central Blaine.
Building in Semiahmoo still tends to be more extravagant.
Even with almost the same number of permits issued, construction
in Semiahmoo accounted for two thirds of construction value.
Its really disproportionate, Tomsic said.
With the exception of 1993 and 1999 when commercial and
residential construction values were almost even, residential
activity has accounted for more than half of construction
activity in Blaine over the last decade. However, commercial
construction routinely made up a third of new value. I
was surprised, Tomsic said. Commercial activity
is more than I thought it would be.
Tomsic said new construction is only part of the picture
of the growing total valuation of Blaine properties, and
the market has favored the community. While new construction
made up 34 percent of the growth in property values over
the last decade, 66 percent came from reappraisals. .
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