Red Deer Advocate file photo

Red Deer residential construction up over last year

Value of residential permits in May hits $5.8 million, nearly double same month last year

Residential building picked up in Red Deer last month.

Residential permits were valued at $5.8 million in May, nearly double the $3 million recorded in May 2016.

Residential construction so far this year has exceeded the same period to date last year, with 348 residential permits valued at $20.2 million issued from January to May 2017, compared with 284 residential permits valued at $15.8 million issued for the same period in 2016.

Total values for all sectors of permits at $15 million last month exceeded total values of $13.6 last May.

Notable projects include a $6 million commercial building permit for the construction of a new Lowe’s home improvement store at Southpointe Junction and a $650,000 permit for tennis court resurfacing and a retaining wall at 4501 47A Avenue.

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