Record-setting year continues to drive housing and economic growth
As of November 6, 2025, the City of London has issued building permits totaling over $2.2 billion in construction value for 2025. This surpasses last year’s total annual value, and with almost two months still remaining in the year, London is set to experience another recording-breaking year.
Since January, over 3,200 building permits have been issued, enabling the creation of more than 4,000 new residential units city-wide. This achievement reflects continued strength across the housing, institutional, industrial, and commercial sectors, reinforcing London’s position as one of Ontario’s leading centres for growth and investment.
“Reaching this milestone is another clear sign of confidence in London’s growth and demonstrates the effectiveness of the measures we introduced to deliver new housing and investment,” says Mayor Josh Morgan. “By continuing to streamline approvals and fast-track housing projects, we’re exceeding our early targets and reinforcing our commitment to build new homes and stronger neighbourhoods for Londoners.”
The City’s modernization of building and development processes, including enhanced review timelines, improved customer service, and closer collaboration with industry partners continues to accelerate housing delivery and support sustainable growth.
“This achievement demonstrates the ongoing success of the City’s efforts to simplify processes and prioritize housing,” says Scott Mathers, Deputy City Manager, Housing and Community Growth. “We’re seeing the results of these initiatives through record permit values and real progress in expanding London’s housing supply.”
The City surpassed $1 billion in construction value on July 1. Since that date, the five largest building permits by value have been:
- 320 King Street – Apartment Building (446 units)
- 769 Dundas Street – Apartment Building (213 units)
- 15600 Robyn’s Hill Road – Industrial Expansion
- 1159 Adelaide Street North – Municipal Building
- 1000 Upperpoint Avenue – Public Elementary School