In 2021, in the city of Hamilton, and I don't think we're alone on this in the province of Ontario, we had a record-setting year in terms of the number of residential units that were created in the city. It's not just residential, as we had a record year for industrial. We had a record year for commercial, and we had a record year for overall construction value. We exceeded over $2 billion in construction value in the city, which is far and away a record.
We are seeing significant increases in approvals and in supply. I'm also quite pleased to say that, preCOVID, we were seeing some of the fastest approvals we have seen. We track all types of different development applications and their approval timelines. In some cases, we had seen 100 or more days shaved off the approval timelines.
As with any process, I think it can always be approved and made more efficient, but the record for the past couple of years is that we are seeing record levels of development activity in our city and in other cities in Ontario.