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Building permits values rise in August

The value of building permits in Red Deer was on the rise last month.
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The value of building permits in Red Deer was on the rise last month.

In August there were 137 permits with the estimated value of $25.5 million; 95 residential, 29 commercial, 10 industrial and three public.

Notable permits in August include a $6.5 million permit for Woody’s RV World, two permits for new four-storey apartment complexes at 50 Livingston Close valued as $4.7 million each and a $2 million permit for interior renovations at a new medical clinic at London Drugs.

There were 124 permits in August 2017, with an estimated value of $15.4 million.

There have been 743 permits worth an estimated $113.7 million so far in 2018. There were 845 permits worth an estimated $83.9 million during the same time period this past year.

Monthly permit statistics are available at www.reddeer.ca.



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