File photo
File photo FILE

Coast drives building growth

THE Sunshine Coast continues to stand out as a driver of building and construction industry growth, with the new Master Builders' Quarterly Building Insights report supporting the positive results of council's Development Indicator Report.

Regional Planning Portfolio Councillor Christian Dickson said the Master Builders' Building Insights report highlighted the continued buoyancy of the residential sector and a rebound in the commercial sector, which mirrored council's reported increase in building approvals and the number of major projects currently under construction across the Sunshine Coast.

"Sustained confidence across the building and construction industries, coupled with significant capital investment in the Sunshine Coast, is creating a positive economic environment for our region," Cr Dickson said.

"During the April to June 2015 quarter, the estimated value of construction for building applications was $296 million, bringing the total value of approvals across the Sunshine Coast region in 2014/15 to $1.18 billion," he said.