Construction bounce

Red Deer’s construction sector enjoyed a rebound month in August, pushed upward by the city’s downtown parkade project and a new ATB Financial branch.

Timcon Construction worker readies a window for its glass as others insulate the stylized whale that will cover the expanded pool deck and new waterslide of the G.H. Dawe Centre Tuesday.

Red Deer’s construction sector enjoyed a rebound month in August, pushed upward by the city’s downtown parkade project and a new ATB Financial branch.

The value of building permits issued by the Inspections and Licensing Department last month hit $25.6 million, nearly $10 million more than for the same month in 2008.

The three-level parkade being built above the city’s transit terminal at 4830 48th St. contributed $12.5 million to the $12.9 million in construction approvals in the public category. Last August, public projects accounted for a combined $5.3 million in building permits.

Commercial work last month added another $5.8 million worth of permits, with $3.7 million of this related to the ATB Financial branch being constructed at 6794 50th Ave. A year ago, commercial projects generated $1.8 million in permits.

The value of building permits issued for residential construction in August also exceeded the tally for the same month in 2008. It hit $6.8 million, up from $6.7 million.

The only year-over-year decline in permit values came in the industrial category, where the figure dropped to $156,000 from $2.1 million.

“This is a good indication that the construction industry is beginning to pick up after a slower start to summer,” said Rachelle Tepanier, an administrative assistant at Inspections and Licensing, in a news release issued by the city.

Despite the higher permit values this August as compared with a year ago, the cumulative number for the year — $94.2 million — is a little more than half the total for 2008 to the same point.

Residential construction so far this year has accounted for $47.8 million, as compared with $76.1 million for the same eight-month period in 2008. Public permits so far this year have contributed $29.3 million, down from $68.8 million; commercial permits are at $16.1 million, down from $34.3 million; and industrial permit values stand at $950,000, a drop from $6.7 million.

Just Posted

Olympic ski run designer creates upgrades at Canyon Ski Resort

Jeff Ihaksi says free-style and alpine ski venues are Canada Winter Games-worthy

Updated: Collision expert backs version of crash of driver accused of manslaughter

Daniel Newsham accused of manslaughter in fatal 2016 collision

Red Deer artist highlights the dinosaur connection of Alberta birds

Jeff Powers is fascinated by winged creatures

Murder charges laid against woman from the Sunchild First Nation

The 25-year-old female victim was found dead on Dec. 12

WATCH: CP Holiday Train rolls into Lacombe

Kelly Prescott performed for hundreds of Central Albertans

McDavid, Draisaitl with three points each to lead Oiles over Flyers

Oilers 4, Flyers 1 EDMONTON — Connor McDavid had two goals and… Continue reading

Tips to keep crime at bay this Christmas

RCMP offer tips for crime-free holiday ’Tis the season for joy and… Continue reading

Fashion Fridays: How to change your beauty routine

Kim XO, lets you in on her style secrets each Fashion Friday on the Black Press Media Network

WHL’s Thunderbirds, Silvertips open to NHL joining Seattle hockey market

TORONTO — The Seattle area’s major junior hockey teams aren’t worried about… Continue reading

Canadian freestyle skier Karker excited for Dew Tour’s modified superpipe

Rachael Karker has a renewed sense of confidence heading into her second… Continue reading

CBS settled with Dushku over ‘Bull’ star’s sexual comments

LOS ANGELES — CBS reached a $9.5 million confidential settlement last year… Continue reading

Kanye reignites Drake feud on Twitter, alleges threats

LOS ANGELES — Kanye West is not sending Christmas cheer to Drake.… Continue reading

Councillors in Toronto, Ottawa vote to allow retail cannabis stores

TORONTO — Councillors in Toronto have voted to allow retail pot shops… Continue reading

Most Read