June 2016 News Archive

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Building permit values strong in May

June 9, 2016 11:15 AM
(Red Deer, Alberta)

Building permit values in May were stronger than the same month last year, with 103 permits issued at an estimated value of $13.6 million last month compared to 122 permits valued at $8 million issued in May of last year.

Year to date values, however, are lagging behind 2015 values, with permits issued so far this year valued at $79 million compared to close to $109 million by this time in 2015.

Commercial building permits continue to lead the way, with $10.3 million in permits issued last month compared to $2.7 million in May 2015. Two new commercial buildings were the main factors in a strong May total, including the Holiday Inn Express - Phase 1 at 6433 Orr Drive, with a value of nearly $8 million, and a McDonald’s, to be built at 300 6702 Golden West Avenue for a value of $1.4 million.

Other notable permits in May include the interior renovation of Wendy’s at 2410 50 Avenue, valued at nearly $400,000, and a three-unit car wash at 4343 78 St. Crescent, estimated at $278,000.

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

Value of building permits
  May 2016 May 2015 January - May 2016 January - May 2015
  Permits Est. Value Permits Est. Value Permits Est. Value Permits Est. Value
Red Deer 103 $13,663,651 122 $8,085,406 376 $79,074,431 570 $108,919,919
Residential 88 $3,035,539 99 $3,036,676 284 $15,886,846 452 $39,422,979
Commercial 13 $10,315,116 12 $2,708,150 53 $29,743,823 64 $8,336,537
Industrial 2 $312,996 9 $2,140,500 23 $5,443,675 46 $26,799,789
Public 0 $0 2 $200,080 16 $28,000,087 8 $34,360,614

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For more information, please contact:

Angie Keibel
Development & Licensing Supervisor
The City of Red Deer
403-342-8191

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