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Building permit values continue to rise in June

July 3, 2007

Building permit values continued to rise in June surpassing the June 2006 total by $11 million. There were 346 building permits issued, totaling $33 million.

“Permit numbers continue to rise as we enter a busy summer construction season. Demand for new homes is high and we will continue to see growth as businesses, industrial and commercial developments expand,” said Joyce Boon of the Inspections & licensing department.

Residential housing construction values remain ahead of last year with $15.7 million in residential permits issued in June. This is an overall 2007 permit value of $174.5 million.

Public building permits are up this month as well with a building permit for the RCMP addition to the Fire Station located at 67 Street for $6.7 million. The Red Deer College Trade Wing was also issued a building permit valued at $5.7 million. Commercial permits increased to $2.5 million which partially consisted of further renovation permits for Bower Mall. Industrial permits totaled $3 million this period, with the Sand Source industrial building in Edgar Industrial Park valued at $2.1 million.

Monthly permit statistics will be posted on The City’s website at www.reddeer.ca/inspections.

Value of building permits

June 2007

June 2006

January 2007 –
June 2007

January 2006 - June 2006

Permits Est. value Permits Est. value Permits Est. value Permits Est. value
Red Deer

346

$33,911,253

325

$22,818,280

1760

$174,663,464

1479

$121,163,502

Residential

319

$ 15,809,815

306

$14,029,024

1639

$95,526,113

1328

$83,489,435

Commercial

16

$2,517,195

9

$721,000

69

$14,019,049

93

$17,430,476

Industrial

8

$3,034,900

10

$8,068,256

43

$44,229,960

49

$15,918,774

Public

3

$12,549,343

0

$0

9

$20,888,342

9

$4,324,817

Miscellaneous

0

$0

0

$0

0

$ 0

0

$0

- end -

For more information, contact:

Joyce Boon or Jacobie Bylsma
Inspections and Licensing
The City of Red Deer
(403) 342-8190