Delivering more than $15 billion in building construction value since 2010
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The City issued almost $1.9 billion in building permits in 2021 alone
Vaughan continues to rise to new and unprecedented heights. The City’s high construction values are fueled by its accessible location, a high standard of living, world-class amenities, development opportunities, subway connection and so much more.
Since 2010, more than $15 billion in building permits have been issued by the City – and the global COVID-19 pandemic has not slowed progress down. In fact, Vaughan issued $1.875 billion in building construction value in the last year alone – a significant investment into the community.
Of the 2021 total, more than $1.016 billion accounts for the construction value of residential developments in the city. Commercial projects make up more than $362 million, more than $373 million is from industrial developments, institutional projects add up to more than $43 million and the outstanding $81 million is a result of other developments throughout the city.
And the momentum continues to build.
VAUGHAN METROPOLITAN CENTRE
The Vaughan Metropolitan Centre (VMC) is the largest and most ambitious project in the City’s history – and it continues to transform. The City is committed to ensuring that the downtown is developed as a complete and balanced community with high-density mixed uses that are transit-supportive and pedestrian-friendly, in addition to offering a vibrant sense of place, high-quality of life and environmentally sustainable design approaches.
Vaughan’s emerging downtown core also continues to attract significant residential investment opportunities. To date, more than 29,100 residents in over 14,700 units are moving into the VMC. This represents 123 per cent of the residential units and 116 per cent of the population targets identified for the 2031 planning horizon. An additional 39,300 residents and 19,800 units are anticipated to occupy the VMC through future development opportunities.
Currently, eight residential towers occupy the downtown core, resulting in an estimated 7,700 people who call the VMC home in 2022. In total, staff are working on 28 new development files that have been received since March 2020. In addition to an update to the VMC Secondary Plan Review, the City has initiated a Transportation Master Plan, a Parks and Wayfinding Master Plan, a VMC Parking Strategy and completed two road environmental assessment studies to build on and advance existing VMC cycling and pedestrian plans and policies.
PLANNING, BUILDING AND GROWTH
City-building services, such as enforcing building codes, processing building permits, conducting inspections and issuing occupancy permits, have continued throughout the pandemic. In 2021, the City performed 42,757 inspections, which well exceeds the number of inspection processes for 2019, 2018 and 2017 during that same period of time.
The City has also innovated its city-building processes to offer a more streamlined, user-friendly experience – via Service Vaughan, individuals can now submit, apply and pay for all types of building, development and grading permits online. Digital development applications, electronic-participation Pre-Application Consultation and virtual Heritage Vaughan and Design Review Panel meetings continue as well.
Several projects are currently underway that will guide development for intensification areas, such as the Weston 7 Secondary and Transportation Master Plans, Vaughan Transportation Plan, Vaughan Official Plan Review and more.
QUOTE
“As home to Canada's first smart hospital, York Region's first subway stations with another on the way, a vibrant downtown core, a 900-acre park and a world-class university, Vaughan upholds its global position as a city of choice. Our community's unprecedented growth is rooted in sound planning decisions focused on achieving the ultimate goal of elevating the exceptional quality of life and standard of living for everyone who lives and works here. I am proud to announce that the City issued $1.875 billion in building permits last year, of which more than $1 billion accounts for the construction value of residential developments. This represents our long-standing commitment to providing a wide range of housing options to ensure everyone who wants to live in our city has the opportunity to do so. As well, since 2010, we have issued more than $15 billion in building permits. These numbers leave no question; Vaughan is stronger than ever. A city that uses investment-ready planning thinks strategically about how to best attract job-creating investments, create new and welcoming neighbourhoods, and ensure we have the public transit and infrastructure in place to move people, goods, services and our economy forward. I am confident that Vaughan's transformation is only just beginning, and with several significant city-building initiatives on the horizon, for our city, the best is yet to come. I look forward to working together as a community to raise Vaughan to new heights and unleash our city's full potential.”
- Mayor Maurizio Bevilacqua
QUICK FACTS
- Since 2010, more than $15 billion in building permits have been issued by the City of Vaughan.
- In 2021, the City of Vaughan issued $1.875 billion in building construction value.
- In 2021, the City performed 42,757 inspection processes, which well exceeds the number of inspection processes for 2019, 2018 and 2017 during that same period of time.
- To date, more than 29,100 residents in over 14,700 units are moving into the VMC. This represents 123 per cent of the residential unit and 116 per cent of the population target established for the 2031 planning horizon.
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