Red Deer Advocate file photo

Building permit values down in December in Red Deer

City of Red Deer building permit values were down in December, despite an overall increase in the number of permits issued.

Sixty-seven permits were issued, with a combined value of $4.2 million, compared with 59 permits issued in December 2018, worth $11.4 million.

The total value of permits issued in 2019 also dropped significantly when compared to 2018, despite a larger number of permits issued.

From January to December 2019, 1,074 building permits were issued, valued at $118.9 million, compared to 1,068 permits issued in 2018, valued at $233.8 million.

Notable permits for the month of December include construction of a new commercial building and asphalt work at 66th Street and 68th Avenue, valued at $900,000, and an interior renovation at First Alberta Place, 4911 51st St., worth nearly $600,000.

Red Deer County’s building permit numbers show it continues to thrive, despite the province’s economic slowdown.

The county issued $84.1 million in building permits last year. That is down from 2018, when $96.7 million in permits were issued, but there is a catch.

“The year 2018 was somewhat of an anomaly due to the Canada Winter Games,” said planning and development director Dave Dittrick.

“That event skewed the building permits figures higher — which demonstrates that 2019 was a very healthy year for county business despite the challenging economic picture in the province.”

In 2017, the county issued $59.7 million in building permits, and in 2016, permits totalled $77.5 million.

Last year, commercial, industrial and institutional permits were issued worth $49 million. Residential-related permits accounted for $35.1 million. Building permits are not required for farm buildings.

Dittrick said he is “very optimistic when I see these figures, as it shows the steady growth of the business community in Red Deer County.”

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