Quote:
Originally Posted by MichaelS
So of all the building permits applied for on or before October 31, how many do you think will follow through with construction? How long is a BP valid for again?
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I think most will, going through all the work and paying the BP fee (usually 5 figures minimum) generally indicates they are serious. There will always be projects that never go ahead though. From the time a BP is reviewed and comments are sent out, the applicant has 3 months to respond, however as long as there is action on the BP file, it can be dragged out almost indefinitely (and many in this case will). Once the permit is issued, the city of Calgary gives you 6 months to commence construction. Not sure about the rest of the province.