September 9, 2021 4:23 PM
(Red Deer, Alberta)Building permit values continued to rise in August, with 79 approved permits valued at $4.6 million, compared with 88 permits issued in August 2020 worth $3.0 million.
Year-to-date building permits remain lower in 2021, with current values at $83.1 million compared with $105.3 million last year.
Notable permits include:
- Building permit for new commercial construction, single storey commercial retail building at 4110 Thorburn Avenue 90 , valued at $692,640
- Building permit for tenant improvements for modification of room to meet new equipment requirements at 4312 54 Avenue, valued at $449,500
- Building Permit for tenant improvements for a new Restaurant at 5 Dunlop Street 69, valued at $350,000
- Building permit for detached dwelling with attached garage with 2 rear decks and finished basement at 218 Thompson Crescent, valued at $255,295
- Building permit for a detached dwelling with front attached garage and rear covered deck at 149 Emerald Drive, valued at $220,602
Value of building permits | ||||||||
August 2021 | August 2020 | January - Aug 2021 | January - Aug 2020 | |||||
Permits | Est Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | |
Red Deer | 79 | $4,655,820 | 88 | $3,008,595 | 773 | $83,118,004 | 571 | $105,347,825 |
Commercial | 21 | $1,921,040 | 20 | $1,249,369 | 227 | $41,816,943 | 129 | $41,552,877 |
Industrial | 0 | $0 | 3 | $118,880 | 17 | $1,073,320 | 21 | $20,807,609 |
Public Service | 5 | $808,000 | 5 | $504,901 | 46 | $16,923,393 | 29 | $29,399,467 |
Residential | 53 | $1,926,780 | 60 | $1,135,445 | 483 | $23,304,4348 | 392 | $13,587,872 |
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