Red Deer building permit numbers are up but value is down

Residential building permit numbers behind last year’s pace

The number of building permits issued by the City of Red Deer is up over last year, led by stronger commercial activity.

But while the number of permits is higher through the first four months of the year — 293 compared with 285 last year — the value is down significantly.

The estimated value of permits is $52.7 million, down from $82.3 million in 2018, when public building projects gave statistics a boost.

Generally, statistics show that the economy continues to underperform in most categories.

Residential permits, which often are used as a barometer of general economic strength, continue to lag behind last year. There have been 147 residential permits worth $7.6 million issued through April, compared with 185 permits worth $8.9 million last year.

For April, there were 43 permits issued last month, compared with 57 a year ago.

On the industrial side, 19 permits worth $3.2 million have been issued so far this year, compared with 14 worth $3.8 million through the first four months of 2018.

Twelve public building permits worth $2.1 million were handed out from January through April, compared with 17 worth $24.7 million in 2018. A $15.3-million permit for the replacement of Westpark Middle School was a big contributor to last year’s total at this time.

Commercial activity appears to be providing a bright spot, with 115 permits worth $39.7 million through the four-month period, compared with 69 worth $44.7 million last year.

Some of the notable permits for April include two worth a total of $3.2 million for work related to major additions to Bower Place mall. A $1.6-million permit was for a gas station and convenience store in Vanier Woods.

News tips

Like us on Facebook and follow us on Twitter

Just Posted

Crews fight fire with fire to keep blaze from northern Alberta town

HIGH LEVEL, Alta. — A fire-threatened town in northern Alberta says a… Continue reading

India’s ruling party claims win with assured lead in votes

NEW DELHI — Indian Prime Minister Narendra Modi’s party claimed it had… Continue reading

China says door open to trade talks, but slams tech controls

BEIJING — China held the door open to resuming talks in the… Continue reading

Clean energy one of Canada’s fastest-growing industries

OTTAWA — Canada’s clean-energy sector is growing faster than the economy as… Continue reading

Red Deer’s single parents and children at greatest risk of poverty, says report

Yet almost half of local low-income families are people living alone

Dogs and drugs don’t mix: Red Deer business wants to leave downtown after 18 years

One business owner is done with downtown Red Deer after 18 years.… Continue reading

Cast your votes for the Best of Red Deer

Nominations for the Best of Red Deer Readers’ Choice Awards are officially… Continue reading

Canada’s Rebecca Marino drops second-round French Open qualifying match

PARIS — Canada’s Rebecca Marino fell just short in a second-round qualifying… Continue reading

Acclaimed writer Casey Plett wins $60K First Novel Award for ‘Little Fish’

TORONTO — Casey Plett has won the Amazon Canada First Novel Award… Continue reading

Nik Wallenda and sister plan highwire walk over Times Square

NEW YORK — For his next trick, daredevil Nik Wallenda plans to… Continue reading

Gardening: Adding a new dimension with water

A water feature, large or small, adds a whole new dimension to… Continue reading

Alberta throne speech promises changes to expand economy, end carbon tax

EDMONTON — The new Alberta government has set its first legislature sitting… Continue reading

Wider fire bans, off-highway vehicle restrictions in northern Alberta

The fire ban prohibiting campfires and unauthorized burning, and restricting the use… Continue reading

WestJet pilot injured by green laser light while approaching Orlando airport

A WestJet pilot flying from Newfoundland to Orlando International Airport had his… Continue reading

Most Read