April 6, 2023 12:14 PM
(Red Deer, Alberta)Building permit values decreased in March, with 62 approved permits valued at $3 million, compared with 67 permits issued in March 2022 worth $9.5 million.
Year-to-date values remain lower in 2023, with current values at $22 million compared with $36 million last year.
Notable permits include:
- Building permit for tenant improvements to an optometrist office at 3105-20 Sharpe Avenue, valued at $268,000
- Building permit for construction of a new detached single-family dwelling with attached garage, basement development and covered deck at 109 Larratt Close, valued at $255,552
- Building permit for renovations and addition to Hunting Hills High School at 150 Lockwood Avenue, valued at $223,588
- Building permit for plumbing repairs and drywall replacement at Red Deer Polytechnic Residence Tower 1 at 100 College Boulevard, valued at $200,000
- Building permit for renovation of two bays at 1-7711 50 Avenue, valued at $198,000
| March 2023 | March 2022 | Jan - Mar 2023 | Jan - Mar 2022 | |||||
| RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
| TOTAL | 62 | $3,286,172 | 67 | $9,597,515 | 221 | $22,172,369 | 154 | $36,675,784 |
| COMMERCIAL | 21 | $832,462 | 15 | $6,988,129 | 57 | $11,017,877 | 39 | $13,688,909 |
| INDUSTRIAL | 2 | $31,000 | 1 | $6,000 | 7 | $534,000 | 6 | $154,000 |
| PUBLIC SERVICE | 6 | $727,388 | 1 | $110,000 | 11 | $1,873,388 | 7 | $17,789,000 |
| RESIDENTIAL | 33 | $1,695,322 | 50 | $2,493,386 | 146 | $8,747,103 | 102 | $5,043,875 |
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