Target renos worth millions in building permits

Target Corp. won’t open its Red Deer store until spring, but the retail giant is already having an impact on the local economy.

Target Corp. won’t open its Red Deer store until spring, but the retail giant is already having an impact on the local economy.

The City of Red Deer issued a building permit last month for $7.1 million worth of renovations to the former Zellers premises in Bower Place Shopping Centre. PCL Construction has been preparing the site for Target since mid-November, when Zellers ceased operations there.

The Target approval accounted for more than a third of the $21 million in building permit values authorized by the city last month. It helped boost the commercial tally to $10 million, while residential permits came in at $7.5 million, industrial permits at $2.7 million and public project approvals at $790,000.

By comparison, the total value of construction approved by the city in the same month last year was $13.6 million. That was made up of $9.3 million in residential work, $2.7 million in the commercial category, $1 million for industrial work and $470,000 for public projects.

With one month remaining in 2012, Red Deer is on track for its highest building permit total since 2007. It’s already approved $256.8 million in construction, up from the $169.7 million for all of last year, $113.7 million for 2010 and $141 million for 2008.

In 2008 the city authorized $258.4 million in work, which marked a sharp drop from the pre-recession high of $421 million in 2007.

Residential construction during the first 11 months of 2012 has generated $65.7 million worth of permits, up from $71.3 million for the same period last year. Commercial approvals have accounted for $65.7 million in work, up from $53.5 million; industrial permits have jumped to $72.8 million from $15.3 million; and the value of work on public projects has dropped to $11.2 million from $20.2 million.

Just Posted

Red Deer teacher to get schooled on battlefields

Juno Beach Centre will host 20 Canadian teachers

PM’s official residence becoming a costly ‘debacle,’ say Conservatives

OTTAWA — Nearly four years after Justin Trudeau opted not to move… Continue reading

SNC-Lavalin books $2B charge, warns on forecast, announces reorganization

MONTREAL — SNC-Lavalin Group Inc. warns its 2019 results could be significantly… Continue reading

Equifax to pay up to $700M in data breach settlement

WASHINGTON — Equifax will pay up to $700 million to settle with… Continue reading

Fashion Fridays: 5 casual summer dress styles

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

New Zealand wins World Triathlon mixed relay race in Edmonton

EDMONTON — Team New Zealand, trailing the field early, stormed back in… Continue reading

Canadian swimmer Maggie MacNeil swims to world gold

GWANGJU, Korea, Republic Of — Canadian swimmer Maggie MacNeil has won the… Continue reading

Quebec dubbing industry works to stay afloat as streaming platforms gains steam

MONTREAL — Few people will recognize his face, but Tristan Harvey has… Continue reading

A year later, ceremony commemorates victims of the Danforth shooting

TORONTO — The names of the two people killed in a shooting… Continue reading

Relief in sight for southeastern Canada following weekend heat wave

MONTREAL — Relief is in sight for sweltering Canadians after a weekend… Continue reading

Trudeau’s former right-hand adviser playing role in Liberal election campaign

OTTAWA — With three months to go now until the election, the… Continue reading

Hotels face battle over whether to help US house migrants

DETROIT — There’s a new target in the clash over immigration: hotels.… Continue reading

Most Read