Red Deer residential construction permits are down, but there is still building going on. Workers were busy in Evergreen on Wednesday. Photo by PAUL COWLEY/Red Deer Advocate

Value of Red Deer building permits up this year

Permits worth $105.6 million issued this year compared with $85.2 million in 2019

The value of building permits issued by the City of Red Deer is up over last year.

To the end of August, 571 permits of all kinds of construction worth $105.6 million have been issued. Through eight months last year, 742 permits worth $82.2 million were handed out.

The higher numbers have been boosted by a big jump in industrial and public service permit values.

Public service construction values are far ahead of last year at this point. To the end of August, 29 permits worth $29.3 million were issued, compared with 29 permits worth $4.5 million in 2019.

On the industrial side, 21 permits worth $21.3 million were issued, compared with 40 permits worth $4.6 million by the end of August 2019.

Residential construction continues to be softer than 2019. Over eight months, 393 permits worth $13.5 million were issued, compared with 427 permits worth $17.2 million last year.

Commercial construction spending is also down. So far this year, 129 permits worth $41.3 million were handed out, compared with 246 permits worth $58.7 million a year ago.

For the month of August, permit values were also down. Last month, 88 permits of all kinds worth $3 million were issued. In August 2019, 75 permits worth $3.7 million were issued.

Among the projects getting permits were a five-unit apartment building at 4419 48th Ave. at $410,588 and a City of Red Deer collections storage facility at 7425 49th St. valued at $373,151.



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