June 10, 2025 3:47 PM
(Red Deer, Alberta)Building permit values increased in May, with 128 issued permits valued at $19 million, compared with 92 issued permits valued at $5.6 million in May 2024.
Year-to-date values remain slightly lower in 2025, with current values at $55 million, compared with $56.9 million at this time last year.
Notable permits include:
- Building permit for construction of a 148 suite apartment building at 6 Colby Avenue, valued at $11.7 million
- Building permit for relocation of emergency generator at Red Deer Regional Hospital, 3942 50A Avenue, valued at $1.3 million
- Building permit for tenant improvements at 150-4919 59 Street, valued at $406,000
- Building permit for construction of a new, detached single family dwelling with ground level legal suite and attached garage at 28 Toye Street, valued at $330,000
- Building permit for demolition and rebuilding of Red Deer Rebels dressing room at 4847 19 Street, valued at $300,000
| May 2025 | May 2024 | Jan - May 2025 | Jan - May 2024 | |||||
| Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | |
| TOTAL | 128 | $19,185,131 | 92 | $5,695,284 | 418 | $55,058,004 | 420 | $56,911,741 |
| COMMERCIAL | 14 | $1,124,977 | 17 | $853,201 | 84 | $18,308,812 | 90 | $38,460,283 |
| INDUSTRIAL | 1 | $3,150 | 2 | $47,000 | 6 | $2,764,965 | 10 | $3,874,000 |
| PUBLIC SERVICE | 1 | $1,332,330 | 8 | $2,073,539 | 15 | $7,185,302 | 27 | $6,486,539 |
| RESIDENTIAL | 112 | $16,724,674 | 65 | $2,721,545 | 313 | $26,798,925 | 293 | $8,090,919 |
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