May 3, 2010
(Red Deer, Alberta) – Residential construction remained strong in April, with an increase of approximately $2.1 million in permit values. Single family home starts are the driving force behind the increase in residential development; 51 permits were issued in April at a value of approximately $7.5 million compared to 14 issued last April at a value of only $1.9 million.
Total building values are down from last April due to the slowdown in public (new and renovation) projects, but year-to-date values are similar to 2009 statistics.
A commercial building permit was issued to Fillmore Construction Management Inc. for renovations to Old Navy (200, 5001 19 Street) at a value of $516,882.
Monthly permit statistics will be posted on The City’s website at www.reddeer.ca/inspections.
Value of building permits |
|
|
April 2010 |
April 2009 |
January 2010 –
April 2010 |
January 2009–
April 2009 |
Permits |
Est. value |
Permits |
Est. value |
Permits |
Est. value |
Permits |
Est. value |
Red Deer |
127 |
$10,398,456 |
146 |
$18,141,344 |
427 |
$32,461,022 |
386 |
$35,193,918 |
Residential |
112 |
$8,830,794 |
128 |
$6,713,144 |
366 |
$27,133,114 |
313 |
$16,162,238 |
Commercial |
13 |
$1,442,662 |
15 |
$1,568,200 |
48 |
$4,595,808 |
55 |
$7,652,680 |
Industrial |
2 |
$125,000 |
2 |
$60,000 |
12 |
$432,100 |
11 |
$655,000 |
Public |
0 |
$0 |
1 |
$9,800,000 |
1 |
$300,000 |
7 |
$10,724,000 |
Miscellaneous |
0 |
$0 |
0 |
$0 |
0 |
$0 |
0 |
$0 |
- end -
For more information, contact:
Rachelle Trepanier
Inspections & Licensing department
The City of Red Deer
403-309-8513
|
