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OAK ISLAND'S BUILDING PACE SOARS IN 2015

Posted: 01.11.2016

Construction of new single-family homes hit a seven-year high on Oak Island in 2015, and there's reason to believe the trend will continue, town officials say.

Single-family housing starts numbered 197 in 2015, up 55% from the 127 permits in 2014, town records show.New-home building values were $37.2 million last year, while commercial construction was valued at $7.8 million - mainly from the new Lowe's Foods center being built at Middleton and 211.


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