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Construction for public buildings heads September permit values

October 1, 2008

(Red Deer, AB) – A building permit worth $23 million was issued to Chandos Construction Ltd. for the new RCMP Detachment building to be located at 4602 51 Avenue.

Phoenix Construction Inc. was issued a building permit for the new Westerner Administration building worth $2.9 million. The proposed administration building is the first proposed change of many in the future for the Westerner grounds.

“Red Deer’s economy continues to grow, with commodity prices in oil and gas reaching record levels,” say Cyril Cooper, Land and Economic Development Officer with The City of Red Deer. “Red Deer has untapped opportunity for local and international business investors with low taxes and a strategic location between two large markets.”

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

Value of building permits

September 2008

September 2007

January 2008 –
September 2008

January 2007 – September 2007

Permits

Est. value

Permits

Est. value

Permits

Est. value

Permits

Est. value

Red Deer

198

$35,480,405

222

$20,113,670

1611

$221,363,581

2528

$357,611,766

Residential

172

$8,116,284

197

$10,668,120

1441

$84,227,001

2336

$160,886,640

Commercial

17

$3,531,271

15

$7,061,900

120

$37,877,145

113

$27,307,494

Industrial

5

$770,000

9

$2,308,900

36

$7,412,131

64

$99,459,540

Public

4

$23,062,850

1

$74,750

14

$91,847,304

15

$69,958,092

Miscellaneous

0

$0

0

$0

0

$ 0

0

$0


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For more information, contact:

Joyce Boon
Inspections and Licensing
The City of Red Deer
403-342-8192