In dollar terms, the value of those consents increased by $36 million to $151million, according to the latest official figures from Statistics New Zealand.
Non-residential consent values almost doubled over the last year and reached the highest point since the 2007-2009 period which incorporated the $90m Plaza shopping mall expansion.
Palmerston North Mayor Grant Smith says the city has a renewed attitude towards being 'Open for Business'.
"The continued growth, including the development of a new national distribution centre for DKSH, is exciting for the City and the wider Manawatu region".
Major projects already approved over the last year include:
- The construction of new facilities on the Crest Hospital Carroll Street site to allow the two hospitals to be amalgamated onto one site.
- The construction of the new distribution centre for DKSH.
- The construction of the Wildbase Hospital and administration building at Massey University.
- The refurbishment and further development of the old Smiths City site for Robertson Holden.
- The refurbishment and extension of the former Steel and Tube warehouse for the expanded New Zealand Post Mail Processing Centre.
- The construction of a new distribution centre for Provida Foods.
- A range of earthquake strengthening projects.
Grant Smith says the developments highlight the diversity of the local economy, with major projects covering health, education, logistics and retailing, all of them key sectors for the city's growth.
"Other bigger projects are about to come into the consent pipeline and with pending improvements to transport links over the coming months, the city is growing well and becoming more prosperous," Mr Smith says.