July 2016 News Archive

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Overall permit values decline in June

July 13, 2016 11:25 AM
(Red Deer, Alberta)

Although commercial building permits remained strong in June, the total value of all permits dropped from $24.6 million in June 2015 to $13 million last month. The drop in the number of permits issued was less significant, with 150 permits issued in June 2015 compared to 133 last month.

The commercial sector led the way, with a permit issued for a Co-Op Convenience Store and Gas Bar Canopy, valued at $2.7 million as well as a new Tunnel Carwash, also valued at $2.7 million – both located in Timberlands. A base building valued at $550,000 and intended for a Fas Gas and A&W Restaurant at 7920 50 Avenue also helped contribute to June’s commercial totals.

Public Service building permits showed a bit of a decline compared to the previous period in 2015. Notable projects in this sector include a renovation, valued at $299,000 of the operating room and diagnostic imaging to accommodate new urology equipment at the Red Deer Regional Hospital and a dressing room addition at the Enmax Centrium, valued at $150,000.

Residential Building Permit values continued to show significant decline in June.

Monthly permit statistics are available on The City’s website at: Red Deer Open Data Catalogue

 

Value of building permits
  June 2016 June 2015 January - June 2016 January - June 2015
  Permits Est. Value Permits Est. Value Permits Est. Value Permits Est. Value
Red Deer 133 $13,396,515 150 $24,684,161 509 $92,470,946 716 $133,362,684
Residential 117 $5,465,492 121 $11,304,031 401 $21,352,338 570 $50,490,578
Commercial 10 $7,243,523 20 $7,001,130 63 $36,987,346 83 $15,332,667
Industrial 1 $2,500 5 $5,514,000 24 $5,446,175 51 $32,313,789
Public 5 $685,000 4 $865,000 21 $28,685,087 12 $35,225,614

­For more information, please contact:

Erin Stuart
Inspections & Licensing Manager
The City of Red Deer
403-342-8192

Communications & Strategic Planning
The City of Red Deer
403-342-8147

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