The value of building permits slowed down in May for Red Deer. (File photo by Advocate staff)

The value of building permits slowed down in May for Red Deer. (File photo by Advocate staff)

Building permits in May dropped to $9 million

111 building permits in May

The value of building permits in May dropped to $9 million compared to $15 million in the same month last year.

But year-to-date permit valued show an increase over 2017 for the first five months of the year in Red Deer. So far this year $91.4 million in permits have been issued compared to $49.1 for same time period in 2017.

The biggest growth was seen in industrial permits so far this year.

Notable permits included a $2-million permit to re-purpose an existing warehouse at 27251 Township Road 391; a permit valued at $734,000 for Trican Services Ltd. tenant improvements at 25 Burnt Basin St.; and a $610,000 permit for renovations to a McDonald’s restaurant.

Of the 111 permits in May, 79 were residential, 24 were commercial and eight were industrial.

In May 2017 a total of 154 permits were issued that included 154 residential, 30 commercial, seven industrial and eight public permits.



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