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October 1, 2009
(Red Deer, Alberta) – Residential permits remain strong for the month of September and show no signs of slowing down.
There were 201 permits issued at a value of $9.7 million this year compared with 172 permits at $8.1 million last year. Construction of new dwellings in Johnstone Park, Sunnybrook South and Timberlands has assisted in the $1.6 million increase in residential values from September 2008.
The improvement of housing starts is parallel with CMHC’s forecast of a better second half for 2009.
Boosting public building values is a renovation to the Red Deer College Cornerstone Kitchen. A permit was issued to Group 2 Architects at a construction value of $1.4 million.
Monthly permit statistics will be posted on The City’s website at www.reddeer.ca/inspections.
Value of building permits |
|
|
September 2009 |
September 2008 |
January 2009 –
September 2009 |
January 2008 –
September 2008 |
Permits |
Est. value |
Permits |
Est. value |
Permits |
Est. value |
Permits |
Est. value |
Red Deer |
214 |
$12,204,874 |
198 |
$35,480,405 |
1406 |
$105,927,982 |
1608 |
$221,341,712 |
Residential |
201 |
$9,653,674 |
172 |
$8,116,284 |
1240 |
$57,280,551 |
1438 |
$84,205,132 |
Commercial |
6 |
$472,000 |
17 |
$3,531,271 |
114 |
$16,344,565 |
120 |
$37,877,145 |
Industrial |
5 |
$657,200 |
5 |
$770,000 |
28 |
$1,604,292 |
36 |
$7,412,131 |
Public |
2 |
$1,422,000 |
4 |
$23,062,850 |
24 |
$30,698,574 |
14 |
$91,847,304 |
Miscellaneous |
0 |
$0 |
0 |
$0 |
0 |
$0 |
0 |
$0 | - end -
For more information, contact:
Rachelle Trepanier
Inspections and Licensing separtment
The City of Red Deer
403-309-8513
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