October 3, 2024 12:05 PM
(Red Deer, Alberta)Building permit values increased in September, with 115 issued permits valued at $7.7 million, compared with 92 issued permits in September 2023 worth $5.5 million.
Year-to-date values remain higher in 2024, with current values at $93 million, compared with $73 million at this time last year.
Notable permits include:
- Building permit for interior renovations to Red Deer Hospital, 3942 50A Avenue, valued at $3.5 million
- Building permit for renovation of Central Alberta Co-Op corporate office at 6201 46 Avenue, valued at $1 million
- Building permit for main and upper floor renovation at 60 Payne Close, valued at $281,000
- Building permit to construct a new single-family detached dwelling with developed basement, front veranda, covered deck and screen room at 2 Tozer Lane, valued at $262,000
- Building permit to construct a new single-family detached dwelling with front attached garage and rear deck at 86 Turnbull Close, valued at $217,000.
| Sep 2024 | Sep 2023 | Jan - Sep 2024 | Jan - Sep 2023 | |||||
| Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | |
| TOTAL | 115 | $7,773,257 | 92 | $5,489,424 | 887 | $93,003,403 | 804 | $73,766,508 |
| COMMERCIAL | 23 | $1,321,099 | 21 | $2,343,135 | 178 | $43,843,805 | 186 | $38,582,589 |
| INDUSTRIAL | 3 | $251,000 | 4 | $741,241 | 23 | $6,704,528 | 33 | $4,943,072 |
| PUBLIC SERVICE | 3 | $3,800,000 | 2 | $128,900 | 45 | $23,676,185 | 45 | $7,435,988 |
| RESIDENTIAL | 86 | $2,401,158 | 65 | $2,276,148 | 641 | $18,778,885 | 540 | $22,804,859 |
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