September 2, 2010
(Red Deer, Alberta) – Residential permit values continue to rise showing an increase of 6.3 per cent, as compared to August 2009. Contributing to this increase was a permit issued to J2K Inc. for the construction of an apartment building at 3715 – 51 Avenue, at a construction value of $1.3 million.
While commercial permit values show a decrease over August, industrial permit values are up $8 million for the year to date, due significantly to a permit issued to Camdon Construction for an addition to Quinn’s Pumps at 4080 – 77 Street, valued at $6.9 million. Other contributing industrial permits were to Phoenix Construction for an addition to the sandblasting shop for Badger Daylighting at 6740 – 65 Avenue valued at $405,000 and to CSI Projects Ltd. for office space for Parkland Geo at 4756 Riverside Drive valued at $400,000.
Monthly permit statistics will be posted on The City’s website at www.reddeer.ca/inspections.
Value of building permits |
|
|
August 2010 |
August 2009 |
January 2010 –
August 2010 |
January 2009– August 2009 |
Permits |
Est. value |
Permits |
Est. value |
Permits |
Est. value |
Permits |
Est. value |
Red Deer |
117 |
$8,960,498 |
186 |
$25,440,346 |
955 |
$83,794,485 |
1192 |
$93,723,109 |
Residential |
102 |
$7,138,998 |
162 |
$6,790,588 |
831 |
$50,632,944 |
1039 |
$47,626,879 |
Commercial |
11 |
$1,586,500 |
18 |
$5,602,910 |
91 |
$15,674,808 |
108 |
$15,872,565 |
Industrial |
3 |
$228,000 |
2 |
$155,801 |
26 |
$9,301,100 |
23 |
$947,092 |
Public |
1 |
$7,000 |
4 |
$12,891,047 |
7 |
$8,185,633 |
22 |
$29,276,574 |
Miscellaneous |
0 |
$0 |
0 |
$0 |
0 |
$0 |
0 |
$0 |
- end -
For more information, please contact:
Kobie Bylsma
Inspections & Licensing Department
The City of Red Deer
403-342-8190
|
