North Bay boasts nearly $150 million in construction values in 2025

It’s being called a banner year for housing construction in the Gateway City.

There was construction on 242 new dwelling units in North Bay last year, that’s more than double the amount from 2024.

The City says it includes 41 single-family dwellings, 56 additional dwelling units, 26 semi-detached units, and 119 multi-residential units.

Officials say that accounts for just shy of $50 million dollars worth of residential construction value on the year, with total construction values reaching over $147 million.

Over $74 million was also invested in the institutional sector, which includes the new Community and Recreation Centre, as well as 60 new affordable housing units for seniors on Cartier Street.

“These numbers demonstrate the City’s ongoing role in facilitating housing development through policies and programs outlined in our Housing Action Plan, including incentives, planning tools, and partnerships,” said Mayor Peter Chirico. “By supporting projects like Cartier Street and encouraging diverse residential growth, we are helping create new housing opportunities throughout the community.”

The Cartier Street project is supported by the City’s Growth Community Improvement Plan though funding from the Federal Housing Accelerator Fund and is in partnership with the District of Nipissing Social Services Administration Board.

“The City is putting provincial and federal housing funding to work across the community, and by working with developers and partners, our goal is to continue to meet and exceed housing targets and maintain momentum across the community,” said Coun. Justine Mallah, Chair of Community Services.

Commercial and industrial construction contributed $14,217,844 and $7,780,063, respectively, up from $10,615,598 and $4,699,500 in 2024, reflecting continued investment across key sectors.

Early indicators suggest 2026 will continue this strong momentum, with the City committed to continued support of development that benefits residents, businesses, and the broader community.

“We wouldn’t be seeing this level of construction activity without the commitment and investment of the developers and partners making these projects possible,” added Mayor Chirico.

 

 

Brad Aubin
Brad Aubinhttp://www.mynorthbaynow.com
Brad is Vista Radio's Senior News Director for Ontario. He was born in Sudbury, raised in Kapuskasing and has lived in the North Bay area for nearly 20 years. A Canadore College grad, he has worked for many newspapers across the north, and joined the broadcasting side of the business in 2020. The proud husband and father of two loves sharing important local and area news to listeners. If you have a news tip you'd like to share, e-mail baubin@vistaradio.ca.

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