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Industrial renovations project heads permit values for November

December 2, 2008

(Red Deer, AB) – Over $11 million in permit values were issued for this month keeping pace with this time last year.

Permit highlights for November include a $2.8 million permit issued to Scott Builders for the construction of additions to the Westward Parts warehouse located at 6517 67 Street. A $1 million permit for exterior plaza renovation was also issued to the Provincial Building located at 4920 51 Street.

Single family home starts remain low in the city in year-to-date figures. At a recent workshop in Calgary, the Canada Mortgage and Housing Corporation is forecasting a modest rebound in the single family housing market next year.

Monthly permit statistics are available at www.reddeer.ca/inspections.

Value of building permits

November 2008

November 2007

January 2008 –
November 2008

January 2007 – November 2007

Permits

Est. value

Permits

Est. value

Permits

Est. value

Permits

Est. value

Red Deer

144

$21,183,700

175

$12,169,126

1916

$251,249,278

2909

$414,630,473

Residential

121

$7,243,443

151

$7,895,126

1704

$97,221,942

2671

$184,288,841

Commercial

13

$   964,300

13

$1,135,000

144

$39,939,345

140

$ 57,240,233

Industrial

6

$4,068,000

11

$3,139,000

47

$12,802,131

82

$103,061,580

Public

4

$8,907,957

0

$0

21

$101,285,861

16

$ 70,039,819

Miscellaneous

0

$0

0

$0

0

$0

0

$0

- end -

For more information, contact:

Beth Perlick
Inspections and Licensing department
The City of Red Deer
403-309-8513