August permits jump by $8 million

Construction projects in Queens Business Park contributed to a nearly $8 million increase in building permit values for the City of Red Deer in August, as compared with the same month of 2012.

Construction projects in Queens Business Park contributed to a nearly $8 million increase in building permit values for the City of Red Deer in August, as compared with the same month of 2012.

The city reported on Tuesday that it approved $19 million worth of work last month, as compared with $11.1 million in August 2012.

Industrial permits accounted for $8.2 million of this August’s tally, with two for buildings in Queens Business Park representing $4.7 million of that figure.

Residential permits made up $9 million, with public projects adding $1.4 million and commercial work $470,000.

Last August, permits in the industrial category made up $2.6 million of the monthly total, with residential approvals adding $7 million, public projects $140,000 and commercial work $1.4 million.

Eight months into 2013, the city has issued building permits for work valued at $171.9 million, as compared with $153.2 million to the same point last year.

The cumulative value of the permits issued is up in the industrial and public categories, but lower when it comes to residential and commercial work.