Building permits more than double in past six years

Building permits more than double in past six years

BY JENNIFER STOTT

For the Journal

The number of building permits awarded on Guam has increased substantially over the past six years, up 163% since 2011 and 32% since 2015. A total of 1,332 permits were awarded in 2016, ranging from simple improvements to new construction and from residential to commercial investments.

Comprising 39% of building permits awarded in 2016 were solar panel installations. Although the average cost of installing solar in a residential building in mid-2016 was $25,000 to $35,000, incentives such as a 30% tax credit, affordable financing and the resulting low . . .

This content is available only to subscribers. If you are a member, please log in.


Share This Post