March 2017 News Archive

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Building permit values surpass last year by 75 per cent

March 7, 2017 9:22 AM
(Red Deer, Alberta)

UPDATE: From January to June 2017, Industrial and Public categories were overlooked in error due to a change in the method of reporting. Please visit this page for corrected numbers.

The total value of building permits from February 2016 to February of this year increased 75 per cent. Building permits rose from an estimated $5.5 million in February 2016 to $9.6 million last month. The number of permits increased significantly as well, from 59 to 96.

Residential and commercial sectors were strong again, with permit values last month estimated at $5.3 million and $4.3 million respectively.

Major contributors to February totals include $1.3 million in work to Goodlife Fitness at Parkland Mall, $500,000 in finishes to the new Giant Tiger department store and $450,000 in renovations to the Alberta Courthouse.

Monthly permit statistics are also available on The City’s website at www.reddeer.ca 

Value of building permits
  February 2017 February 2016 January - February 2017 January – February 2016
Permits Est. value Permits Est. value Permits Est. value Permits Est. value
Red Deer 96 $9,664,759 59 $5,541,464.4 173 $21,170,266 107 $20,236,419
Residential 67 $5,306,115 45 $3,461,230.4 130 $9,074,364 77 $4,556,644
Commercial 29 $4,358,644 8 $1,764,935 43 $12,095,632 13 $5,001,935
Industrial 0 $0.00 2 $7,600 0 $0.00 11 $3,333,240
Public 0 $0.00 4 $307,699 0 $0.00 7 $6,132,699


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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