Building permits grew in both quantity and value in December, according to the City of Red Deer.
In a news release, the city said 69 permits were issued in December, up from 67 in 2019. Total permit values in 2020 were also up last month, rising from $118.9 million from Jan. to Dec. 2019 to $260.9 million during the same period in 2020.
The December bump is in part due to commercial development in Red Deer’s north east zone. Three permits to construct new commercial retail buildings on Thorburn Avenue were issued last month, including one valued at $1.053 million. The other two buildings were valued at $813,675 and $705,510 respectively.
The three new retail commercial buildings are all planned for 90 Thorburn Avenue.
In the summer, the city rezoned 70 Thorburn Avenue from residential to commercial, as well as rezoned Townsend Street from commercial to residential.
At that time, the city said they have had letters from several businesses interested in setting up shop near that area.
Another notable permit was for exterior renovations on a commercial building at 30 Davidson Drive, valued at $450,000. In July, the city approved a decision to allow the former Deer Park fire hall to be turned into an insurance office.
Of the 69 permits issued this year, 45 were residential, 20 were commercial, two were industrial and two were public service.