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Building permit values climb in October

November 1, 2021 1:37 PM
(Red Deer, Alberta)

Building permit values have increased in October, with 73 approved permits valued at $4.2 million, compared with 113 permits issued in October 2020 worth $5.2 million.

Year-to-date building permits remain lower in 2021, with current values at $91.2 million compared with $120.9 million last year.

Notable permits include:

  • Building permit for tenant improvements for a restaurant (Popeye's) at 5101 50 Avenue 7414, valued at $485,000.
  • Building permit for a detached dwelling with front attached garage and rear uncovered deck and basement development at 133 Emerald Drive, valued at $287,197
  • Building permit for a detached dwelling, attached garage, uncovered deck, veranda and basement development at 5329 42 Avenue, valued at $212,485
  • Building permit for detached dwelling with front attached garage at 165 Emerald Drive, valued at $204,405
  • Building permit for a detached dwelling with front attached garage at 177 Emerald Drive, valued at $202,853.
Value of building permits
  October 2021 October 2020 January - October 2021 January - October 2020
  Permits Est Value Permits Est. Value Permits Est. Value Permits Est. Value
Red Deer 73 $4,217,774 113 $5,218,201 923 $91,268,098 760 $120,956,561
Commercial 19 $1,271,772 37 $1,795,438 259 $43,984,394 189 $49,748,844
Industrial     6 $688,387 19 $1,097,820 28 $21,496,996
Public Service 4 $449,973 1 $4,000 57 $18,133,421 36 $30,637,544
Residential 50 $2,496,030 69 $2,730,377 588 $28,052,462 507 $19,073,178

For more information, contact:

Corporate Communications
The City of Red Deer

 

 

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