July 11, 2023 11:48 AM
(Red Deer, Alberta)Building permit values decreased in June, with 95 approved permits valued at $4 million, compared with 74 permits issued in June 2022 worth almost $11 million.
Year-to-date values remain lower in 2023, with current values at $39 million compared with $89 million last year.
Notable permits include:
- Building permit for interior renovations at 6833 66 Street, valued at $800,000.
- Building permit to expand the Central Alberta Women’s Emergency Shelter valued at $562,300.
June 2023 | June 2022 | Jan - June 2023 | Jan - June 2022 | |||||
RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
TOTAL | 96 | $4,011,591 | 74 | $10,948,015 | 497 | $39,077,653 | 423 | $89,578,061 |
COMMERCIAL | 19 | $1,497,367 | 20 | $7,667,925 | 113 | $16.471,183 | 102 | $27,757,100 |
INDUSTRIAL | 4 | $100,500 | 18 | $2,292,331 | 11 | $2,508,703 | ||
PUBLIC SERVICE | 5 | $800,200 | 3 | $526,685 | 28 | $4,741,608 | 26 | $43,486,522 |
RESIDENTIAL | 67 | $1,613,524 | 51 | $2,753,405 | 338 | $15,572,531 | 284 | $15,825,736 |
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