June 13, 2023 4:00 PM
(Red Deer, Alberta)Building permit values decreased in May, with 107 approved permits valued at $7.8 million, compared with 110 permits issued in May 2022 worth $35 million.
Year-to-date values remain lower in 2023, with current values at $35 million compared with $78 million last year.
Notable permits include:
- Building permit for modifications to existing structures at 27251 TWP RD 391, valued at $1 million
- Building permit to install a 50-ton overhead crane system behind existing shop at 4310 77 Street, valued at $1 million
- Building permit to renovate existing classroom and storage areas in the 1300 nursing wing at 100 College Boulevard, valued at $815,000
- Building permit to construct new cold storage building at 4530 77 Street, valued at $531,000
- Building permit for storage addition at 300 Jordan Parkway, valued at $400,000
| May 2023 | May 2022 | Jan - May 2023 | Jan - May 2022 | |||||
| RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
| TOTAL | 107 | $7,817,164 | 110 | $35,078,774 | 404 | $35,078,774 | 349 | $78,630,046 |
| COMMERCIAL | 24 | $2,515,740 | 17 | $2,957,800 | 94 | $14,973,816 | 82 | $20,089,175 |
| INDUSTRIAL | 3 | $932,000 | 3 | $1,972,666 | 14 | $2,191,831 | 11 | $2,508,703 |
| PUBLIC SERVICE | 10 | $1,908,577 | 7 | $24,653,437 | 23 | $3,941,408 | 23 | $42,959,837 |
| RESIDENTIAL | 70 | $2,460,017 | 83 | $5,860,427 | 273 | $13,971,719 | 233 | $13,072,331 |
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