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Commercial sector pushes permit values past October 2016

November 7, 2017 10:40 AM
(Red Deer, Alberta)

Building permit values last month surpassed values for the same month last year, with commercial permits leading the way.

Commercial permits in October, valued at $10.2 million, nearly tripled the value of commercial permits for October 2016.

For total permits in all sectors, 93 permits were issued last month for a value of $15.7 million, compared to 80 permits issued in October 2016 for a value of $13 million. Although all sectors have had a strong showing in the last several months, overall permit values for the year to date still lag behind 2016 totals.

Notable projects last month include permits for a new interior corridor and roof replacement at Parkland Mall, valued at $5 million; and a new building at 7767 Edgar Industrial Way, valued at $2.4 million.

Monthly permit statistics are available on The City’s website at: Red Deer Open Data Catalogue

Value of building permits
  October 2017 October 2016 January - October 2017 January - October 2016
  Permits Est Value Permits Est. Value Permits Est. Value Permits Est. Value
Red Deer 93 $15,716,023 80 $13,008,847 1,050 $112,839,465 909 $210,696,199
Residential 64 $3,217,327 52 $3,398,171 769 $41,338,966 681 $37,006,930
Commercial 20 $10,241,613 27 $3,614,937 191 $47,677,684 163 $55,906,195
Industrial 4 $295,000 0 $0 42 $14,108,119 25 $5,449,175
Public 5 $1,962,083 1 $5,995,739 48 $9,714,696 40 $112,333,899

For more information, please contact: 

Erin Stuart
Inspections & Licensing Manager
The City of Red Deer
403-342-8192 

Communications & Strategic Planning
The City of Red Deer
403-342-8147

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