News Room

Subscribe RSS Feed Email

Building permit values increase in August

September 13, 2022 9:17 AM
(Red Deer, Alberta)

Building permit values increased in August, with 97 approved permits valued at $23 million, compared with 78 permits issued in August 2021 worth $4.6 million.

Year-to-date building permit values remain higher in 2022, with current values at $129 million compared with $83 million last year.

Notable permits include:

  • Building permit for a new three storey youth centre at 70 College Circle, valued at $15 million. Permit is for base building only; tenant improvements will fall under separate permits.
  • Building permit for interior renovations to existing bank office at 4-5111 22 Street, valued at $1.8 million
  • Building permit for tenant improvements for a new dental clinic at 20-5101 Sharpe Avenue, valued at $1 million
  • Building permit for new live/work space including second floor residential units and main floor daycare at 488 Timberlands Drive, valued at $450,000
  • Building permit for interior renovations for new tenant at 136-4900 Molly Banister Drive, valued at $250,000
  Aug 2022 Aug 2021 Jan - Aug 2022 Jan - Aug 2021
RED DEER Permits Est. Value Permits Est. Value Permits Est. Value Permits Est. Value
TOTAL 97 $23,443,930 78 $4,662,075 605 $129,203,717 772 $83,124,759
COMMERCIAL 15 $18,043,436 21 $1,921,040 145 $55,143,555 227 $41,816,943
INDUSTRIAL 1 $100,000     13 $2,683,076 17 $1,073,320
PUBLIC SERVICE 9 $2,063,100 5 $808,000 40 $50,053,622 46 $16,923,393
RESIDENTIAL 72 $3,237,394 52 $1,933,035 407 $21,323,464 482 $23,311,103

For more information, contact:

Corporate Communications
The City of Red Deer

- end -