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February 1, 2008
Residential permits are approximately 4 million dollars lower than January 2007, caused by a drop in single family housing construction. This moderate decline reflects the slowdown of single family housing development across the province. Permits highlighted for January include a $5.5M permit issued to Chandos Construction Ltd. for the additions to the Millennium Centre.
Monthly permit statistics will be posted on The City’s website at www.reddeer.ca/inspections.
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Value of building permits
|
|
|
January 2008
|
January 2007
|
|
|
Permits |
Est. value |
Permits |
Est. value
|
|
| Red Deer |
143 |
$19,029,589 |
239 |
$24,340,099
|
|
| Residential |
121 |
$11,699,614 |
225 |
$15,499,339
|
|
| Commercial |
18 |
$7,031,975 |
9 |
$1,029,500
|
|
| Industrial |
3 |
$45,000 |
4 |
$2,011,260
|
|
|
Public |
1 |
$253,000 |
1 |
$5,800,000
|
|
| Miscellaneous |
0 |
$0 |
0 |
0
|
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- end -
For more information, contact:
Paul Meyette, Manager
Inspections and Licensing
The City of Red Deer
(403) 342-8190
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