March 10, 2025 1:23 PM
(Red Deer, Alberta)Building permit values increased in February, with 49 issued permits valued at $6.0 million, compared with 69 permits worth 4.87 million in February 2024.
Notable permits include:
- Building permit for construction of a new accessory steel building at 4100 77 Street, valued at $1.6 million
- Building permit for tenant improvement for place of worship at 5569 47 Street, valued at $1 million
- Building permit for interior renovations at 20-9109 Thomlison Avenue, valued at $545,000
- Building permit for tenant improvements at 120-4311 54 Avenue, valued at $350,000
- Building permit for construction of a new single family detached dwelling with attached garage, covered and uncovered decks at 123 Everson Close, valued at $281,000
| Feb 2025 | Feb 2024 | Jan - Feb 2025 | Jan - Feb 2024 | |||||
| Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | |
| TOTAL | 49 | $6,168,344 | 69 | $4,876,736 | 114 | $23,386,564 | 136 | $12,084,015 |
| COMMERCIAL | 12 | $1,203,456 | 15 | $3,557,270 | 33 | $14,193,595 | 33 | $5,186,043 |
| INDUSTRIAL | 2 | $1,847,127 | 2 | $1,847,127 | 1 | $3,500,000 | ||
| PUBLIC SERVICE | 3 | $1,200,273 | 3 | $220,000 | 6 | $3,050,273 | 10 | $1,091,000 |
| RESIDENTIAL | 32 | $1,917,488 | 51 | $1,099,466 | 73 | $4,295,569 | 92 | $2,306,972 |
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