(Photo: Courtesy of City of Dieppe Facebook page https://www.facebook.com/dieppenb )

More construction records have been broken for the City of Dieppe.

Around 550 permits were awarded in 2022, for a total worth of more than $119.4 million in investments, which surpasses the previous record of $101.9 million set in 2021.

The municipality authorized 115 permits for commercial, industrial and institutional projects, worth approximately $19.7 million, in addition to granting 435 permits for residential projects representing $99.7 million in investments.

Mayor Yvon Lapierre says, “The upturn in real estate is also the result of well-planned development, particularly along Dieppe Boulevard and in the downtown core.”

The City adds that a number of large-scale projects are in the works which is a good sign that 2023 will be another strong year.