BRUNSWICK COUNTY — Though Hurricane Florence significantly impacted 10 percent of Brunswick County’s current housing stock, the county’s new construction numbers are still strong.
Construction doubled in Brunswick County in Nov. 2018 compared to the same month in 2017, the county’s new permit report shows.
Though numbers are not yet available for December, construction permits, and the value of housing added has drastically increased compared to 2017.
Hurricane Florence likely caused a slight dip in new residential permits, from 140 to 120 in Sept. 2017 and Sept. 2018, respectively. By October, growth was back up, with permits nearly doubling.
November’s new home construction added $26.7 million in value in November, compared to $3 million in Nov. 2017. New residential permits doubled from 96 in Nov. 2017 to 199 in Nov. 2018.
At the same time, new commercial permits decreased from 23 in Nov. 2017 to seven. Despite the dip in permits, the value of commercial construction was way up — $23.4 million higher in Nov. 2018 compared to Nov. 2017.
The county has had an upward trajectory of new residential permits in recent fiscal years, with fiscal year 2017-2018 adding on nearly 3,000 more permits compared to the previous fiscal year.
So far this fiscal year, most residential development is occurring in unincorporated areas of the county, with Leland coming in second, and Oak Island in third, out of the county’s remaining 19 municipalities.
New commercial development is also highest in unincorporated Brunswick County, with Leland in second and Southport in third this fiscal year.
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