The value of Red Deer building permits in January was up significantly from the same time last year. (Pixabay photo).

More big-ticket building projects were permitted in Red Deer last month

Permit numbers were down, but values were way up

Projects with a combined value of $60 million received building permits from the City of Red Deer last month.

The value of January’s building permits is up significantly from the same time last year, as well as from December.

According to figures released by the City of Red Deer, there were fewer permits (56) issued in the first month of this year, but their combined value was $60.6 million.

This is a huge increase in value from January 2019, when 87 permits were issued worth just over $20.5 million.

This is also a big jump compared to December 2019, when 67 permits were issued totalling $4.2 million.

Inspections and licensing manager Erin Stuart said notable building projects for January include a $26.4-million, six-storey addition to Points West Living at 6960 Taylor Dr.

There’s also a $22.8-million, 90-unit assisted living facility going up at 4736 30th St., as well as a permit to construct an industrial building at 6430 Golden West Ave., valued at $3 million.

Last month’s 56 permits issued by the City of Red Deer included 32 residential permits (totalling $1.4 million), as well as 18 commercial permits ($28.7 million), three industrial permits ($6 million) and three for public building projects ($24.3 million).

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