October 4, 2023 1:44 PM
(Red Deer, Alberta)Building permit values decreased in September, with 92 approved permits valued at $5.5 million, compared with 112 permits issued in September 2022 worth $9 million.
Year-to-date values remain lower in 2023, with current values at $73.8 million compared with $138.2 million last year.
Notable permits include:
- Building permit for construction of an elevator to serve existing hotel at 110-3310 50 Avenue, valued at $795,000;
- Building permit for exterior renovations to existing building at 3430 50 Avenue, valued at $690,729;
- Building permit for replacement of self supported fabric structure at Civic Yards, 7721 40 Avenue, valued at $617,584;
- Building permit to construct hair salon with retail sales at 110-500 Timberlands Drive, valued at $300,000;
- Building permit to construct new detached dwelling with attached front garage and rear deck at 37 Thorkman Avenue, valued at $202,768.
September 2023 | September 2022 | Jan - Sep 2023 | Jan - Sep 2022 | |||||
RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
TOTAL | 92 | $5,487,939 | 112 | $9,066,872 | 804 | $73,765,024 | 717 | $138,270,590 |
COMMERCIAL | 21 | $2,343,135 | 24 | $4,102,457 | 186 | $38,582,589 | 169 | $59,246,012 |
INDUSTRIAL | 4 | $741,241 | 7 | $984,352 | 33 | $4,943,072 | 20 | $3,667,428 |
PUBLIC SERVICE | 2 | $128,900 | 1 | $3,612 | 45 | $7,435,988 | 41 | $50,057,234 |
RESIDENTIAL | 65 | $2,274,664 | 80 | $3,976,452 | 540 | $22,803,374 | 487 | $25,299,916 |
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