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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