May 2016 News Archive

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Commercial and public permit values remain strong

May 10, 2016 9:05 AM
(Red Deer, Alberta)

Building permit values were down slightly in April compared to values from this time last year.

In both March and April, commercial and public sectors were strong. In March, exterior alterations for the new Goodlife Gym at Parkland Mall contributed over $4.2 million. A new base building at 500 Timberlands Drive contributed an additional $3.3 million. A new base building for a strip mall, to be located at 6802 50 Avenue, was valued at $1.4 million.

Public development in March included a permit for the new K-5 public school at 99 Inglewood Drive, valued at $10.1 million, and the Red Deer Regional Hospital flood restoration, valued at $4 million.

In April, notable building permits included one for a new commercial building at 6702 Golden West Avenue, valued at $780,000, and for a renovation to the McDonald’s located at 7149 50 Avenue, valued at $650,000.

A public sector permit for the new Fire Hall Station 4, located at 406 Townsend Street, was valued at $5.9 million.

Contributing to industrial building permit values in April was the installation of a fire alarm at Olymel, valued at $1.2 million.

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

 

Value of building permits
  April 2016 April 2015 January - April 2016 January - April 2015
  Permits Est. Value Permits Est. Value Permits Est. Value Permits Est. Value
Red Deer 89 $14,194,507 133 $17,058,929 273 $65,230,780 448 $100,834,513
Residential 69 $4,162,766 102 $3,517,929 196 $12,851,307 353 $35,386,303
Commercial 12 $2,328,998 20 $2,177,000 40 $19,428,707 52 $5,628,387
Industrial 6 $1,747,400 10 $11,359,000 21 $5,130,679 37 $24,659,289
Public 2 $5,955,343 1 $5,000 16 $28,000,087 6 $34,160,534

 

Value of building permits
  March 2016 March 2015 January - March 2016 January - March 2015
  Permits Est. Value Permits Est. Value Permits Est. Value Permits Est. Value
Red Deer 79 $30,979,854 115 $22,034,059 184 $51,036,273 315 $83,775,584
Residential 52 $2,995,475 97 $21,294,559 127 $8,688,541 251 $32,868,374
Commercial 15 $12,017,774 12 $670,000 28 $17,099,709 32 $3,451,387
Industrial 5 $234,560 6 $69,500 15 $3,383,279 27 $13,300,289
Public 7 $15,732,045 0 $0 14 $22,044,744 5 $34,155,534

­For more information, please contact:

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

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

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