Building permits valued $12.7M in October

Approvals for renovations to Red Deer’s water treatment plant and a new office building helped push building permit values in the city last month to $12.7 million.

Approvals for renovations to Red Deer’s water treatment plant and a new office building helped push building permit values in the city last month to $12.7 million.

That’s 46 per cent higher than the $8.7-million tally recorded in October 2008, with permit values up in the residential, commercial and industrial categories.

Commercial permits issued by Red Deer’s Inspections and Licensing Department last month totalled $3.7 million, and included one valued at $2.8-million for the Riverlands Gate office building at 4327 54th Ave. Permits approved for commercial work last October were worth a combined $1.2 million.

Permits for industrial work hit $2.4 million last month, up from $1.3 million in October 2008. The biggest was a $2.3-million permit for water intake and screen upgrades at the water treatment plant.

Residential construction generated $6.2 million worth of permits in October, as compared with $5.8 million 12 months earlier.

Finally, permits for public work last month were valued at $420,000. The corresponding figure in October 2008 was $530,000.

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