December 4, 2024 10:40 AM
(Red Deer, Alberta)Building permit values increased in November, with 83 issued permits valued at $23 million, compared with 91 issued permits in November 2023 worth $9.3 million.
Year-to-date values remain higher in 2024, with current values at $128.6 million, compared with $86 million at this time last year.
Notable permits include:
- Building permit for construction of a nutrient management facility at 7890 40 Avenue, valued at $15.8 million
- Building permit for construction of ICU expansion at Red Deer Regional Hospital (3942 50A Avenue), valued at $3.1 million
- Building permit for interior renovations to food store at 1-69 Dunlop Street, valued at $560,000
- Building permit for construction of a new single family detached dwelling with front attached garage, covered rear deck and basement development at 2 Thorne Place, valued at $307,000
- Building permit for construction of a new single family detached dwelling with attached garage, sun deck, screen room and covered veranda at 131 Everson Close, valued at $228,000
| Nov 2024 | Nov 2023 | Jan - Nov 2024 | Jan - Nov 2023 | |||||
| Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | |
| TOTAL | 82 | $23,189,609 | 91 | $9,381,221 | 1103 | $128,681,096 | 966 | $86,014,818 |
| COMMERCIAL | 15 | $981,509 | 24 | $4,894,998 | 220 | $47,958,387 | 222 | $43,976,543 |
| INDUSTRIAL | 27 | $9,930,378 | 34 | $5,229,787 | ||||
| PUBLIC SERVICE | 6 | $19,207,285 | 6 | $755,244 | 58 | $44,318,476 | 54 | $8,395,952 |
| RESIDENTIAL | 62 | $3,000,816 | 61 | $3,730,979 | 798 | $26,446,855 | 656 | $28,412,536 |
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