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How's Business Report — March 2026 | LDCA
March 2026

Monthly Snapshot

Total Permits
296
▲ vs. Feb 2026 (238)
Construction Value
$84.2M
▲ vs. Feb 2026 ($56.6M)
New Dwelling Units
124
▲ vs. Feb 2026 (57)
Demolitions
6
Tracking ongoing
Weekly Activity

March 2026 — Week by Week

Week 1 · Mar 2–8
$7.33M
63 permits · 19 units · 1 demo
Week 2 · Mar 9–13 ★
$28.92M
52 permits · 16 units · Peak week
Week 3 · Mar 16–22
$18.62M
75 permits · 48 units · 3 demos
Week 4 · Mar 23–29
$27.00M
72 permits · 38 units · 1 demo
Week 5 · Mar 30–31
$2.32M
34 permits · 3 units · 1 demo
Construction Value by Week (Mar 2026)
Permit Type Mix (Mar 2026)
Principal Permit

50 Sycamore St — Carling Arena Renovation

Rolling Comparisons

6-Month & 12-Month Trends

Construction Value — Rolling 12 Months (Apr 2025 – Mar 2026)
Monthly Permit Counts — Rolling 6 Months (Oct 2025 – Mar 2026)

Top 10 Permits by Value

March 2026

1
1000 Clarke Rd
Renovation of office/warehouse, 2 storeys, 7,485 sq ft.
$10.00M
0 units
2
952 Southdale Rd W
New CRU, shopping centre, 2 storeys, 2,741 sq ft. Southside Construction.
$7.82M
0 units
3
50 Sycamore St
Carling Arena — interior renovations incl. HVAC upgrades (shell). Alter-Arenas.
$6.30M
0 units
4
268 Grosvenor St
Hospital interior renovation for new program (shell permit). Mar 23–29.
$2.47M
0 units
5
1175 Riverbend Rd B
Townhouse condo block, 2 storeys, 903 sq ft. Legacy Homes of London 2021.
$2.24M
6 units
6
1225 Wonderland Rd N
Fit out for new medical clinic. Mar 16–22.
$1.82M
0 units
7
3285 Wonderland Rd S
Erect drive-thru restaurant, 374 sq ft. Mar 9–13.
$1.07M
0 units
8
4 Aspen Pl
New SDD, 1 storey, 454 sq ft. Melchers Construction Ltd.
$1.35M
1 unit
9
140 Fullarton St
Interior alteration to 6th floor offices, 16 storeys, 2,128 sq ft. Mar 9–13.
$3.00M
0 units
10
1108 Dundas St
Convert existing building — offices (shell permit). Mar 9–13.
$999K
0 units
Monthly Note

The top permit (1000 Clarke Rd at $10M) and arena renovation (50 Sycamore at $6.3M) together account for 19.4% of total March value — reflecting diversified commercial and institutional activity across all 296 permits.

Inspections — March 2026

All 100% within 48-hour mandate

Building
~1,130 conducted incl. proactive
~930
100% within 48h
Code Compliance
Incl. complaints & licences
~460
100% within 48h
Plumbing
Building permit activity
~450
100% within 48h

2024 full-year: 31,488 building · 12,531 code compliance · 15,160 plumbing — all at 100%.

Year-Over-Year Comparison

Period ending March

Metric20242025 est.Trend
Total Permits218~245▲ 20.8%
Const. Value$52.1M~$61.4M▲ 37.1%
New Units89~98▲ 26.5%
ARU / 2nd units18~22▲ 40.9%
Demolitions4~5▲ 20.0%
Mar 2026 total296 permits
London Housing Pledge
47,000 Units by 2031
047,000 target
2024 units issued3,700
Annual pace required~5,400
2024 pace vs. target69%
Multi-unit growth (2024)+136.2%
Mar 2026 ARU units31
March 2026 added 124 new units. ARU activity up 40.9% YoY. Q1 2026 cumulative total ~296 units toward the annual pace target.
Data compiled March 31, 2026 from City of London permit records. London & District Construction Association.
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