September 13, 2022 9:17 AM
(Red Deer, Alberta)Building permit values increased in August, with 97 approved permits valued at $23 million, compared with 78 permits issued in August 2021 worth $4.6 million.
Year-to-date building permit values remain higher in 2022, with current values at $129 million compared with $83 million last year.
Notable permits include:
- Building permit for a new three storey youth centre at 70 College Circle, valued at $15 million. Permit is for base building only; tenant improvements will fall under separate permits.
- Building permit for interior renovations to existing bank office at 4-5111 22 Street, valued at $1.8 million
- Building permit for tenant improvements for a new dental clinic at 20-5101 Sharpe Avenue, valued at $1 million
- Building permit for new live/work space including second floor residential units and main floor daycare at 488 Timberlands Drive, valued at $450,000
- Building permit for interior renovations for new tenant at 136-4900 Molly Banister Drive, valued at $250,000
| Aug 2022 | Aug 2021 | Jan - Aug 2022 | Jan - Aug 2021 | |||||
| RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
| TOTAL | 97 | $23,443,930 | 78 | $4,662,075 | 605 | $129,203,717 | 772 | $83,124,759 |
| COMMERCIAL | 15 | $18,043,436 | 21 | $1,921,040 | 145 | $55,143,555 | 227 | $41,816,943 |
| INDUSTRIAL | 1 | $100,000 | 13 | $2,683,076 | 17 | $1,073,320 | ||
| PUBLIC SERVICE | 9 | $2,063,100 | 5 | $808,000 | 40 | $50,053,622 | 46 | $16,923,393 |
| RESIDENTIAL | 72 | $3,237,394 | 52 | $1,933,035 | 407 | $21,323,464 | 482 | $23,311,103 |
For more information, contact:
Corporate Communications
The City of Red Deer
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