May 2017 News Archive

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Residential, commercial permits remain steady compared to last year

May 11, 2017 11:07 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.

Although building permit values are down overall on the year, residential and commercial sector permits so far this year are holding their own compared to values in 2016.

There were 62 residential permits issued last month, valued at $3.9 million, compared to 69 issued and valued at $4.1 million last April. There were 10 commercial permits issued last month, valued at $2 million compared to 12 permits issued and valued at $2.3 million last April.

Year-to-date numbers in those sectors exceed values for the same period in 2016, with $15.7 million in residential permits issued so far this year compared to $12.8 million last year, and $19.7 in commercial permits issued so far this year compared to $19.4 for the same time frame in 2016.

Notable building permits this month include a permit valued at $850,000 for renovation to the existing RCMP gun range at 4300 55 Street; a permit valued at $390,000 for tenant improvements to the medical clinic at 130-4309 52 Avenue; and a permit valued at $325,000 for an orthodontic clinic at 105 6 Clearview Market WY.

Value of building permits
  April 2017 April 2016 January - April 2017 January - April 2016
  Permits Est Value Permits Est. Value Permits Est. Value Permits Est. Value
Red Deer 72 $5,984,471 89 $14,194,507 311 $35,402,000 273 $65,410,780
Residential 62 $3,952,999 69 $4,162,766 238 $15,713,405 196 $12,851,307
Commercial 10 $2,031,472 12 $2,328,998 73 $19,688,594 40 $19,428,707
Industrial 0 $0.00 6 $1,747,400 0 $0.00 21 $5,130,679
Public 0 $0.00 2 $5,955,343 0 $0.00 16 $28,000,087

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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