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Building permit values continue climbing in July

August 13, 2021 12:44 PM
(Red Deer, Alberta)

Building permit values continued to rise in July, with 94 approved permits valued at $9.4 million, compared with 99 permits issued in July 2020 worth $5.3 million.

Year-to-date building permits remain lower in 2021, with current values at $78.6 million compared with $102.3 million last year.

Notable permits include:

  • Building permit for an expansion of an existing fire training tower at 4343 78 Street Crescent, valued at $4.09 million
  • Permit for the demolition of an existing building and trailer and to rebuild a new 429.58 m2 Industrial Building at 4310 77 Street, valued at $980,000
  • Building permit for demolition of a single family house with attached garage, basement development covered and uncovered deck at 3745 44 Avenue, valued at $259,216
  • Building permit for tenant improvements for a veterinary clinic at 7101 50 Avenue, valued at $250,000
Value of building permits
  July 2021 July 2020 January - July 2021 January - July 2020
  Permits Est Value Permits Est. Value Permits Est. Value Permits Est. Value
Red Deer 94 $9,428,982 99 $5,334,193 696 $78,667,184 483 $102,339,230
Commercial 24 $1,588,887 8 $1,917,848 208 $40,100,903 109 $40,303,508
Industrial 4 $242,500 1 $149,633 17 $1,073,320 18 $20,688,729
Public Service 3 $4,548,000 5 $580,700 41 $16,115,393 24 $28,894,566
Residential 63 $3,049,595 85 $2,686,011 430 $21,377,568 332 $12,452,427
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