February 5, 2026 9:00 AM
(Red Deer, Alberta)Building permit values in Red Deer totalled $11.5 million in January, down from $17.2 million in January 2025. While more permits were issued overall, 94 compared to 65 a year earlier, total construction value declined year over year.
Notable permits include:
- Building permit for construction of new 14,200 square foot building intended to house 10 tenant bays at 2901 50 Avenue, valued at $3.2 million
- Building permit for interior and exterior tenant improvements at ATB Financial at 157-2004 50 Avenue, valued at $900,000
- Building permit for tenant improvements at 404-4911 51 Street, valued at $400,000
- Building permit for tenant improvements at 200-4315 55 Avenue, valued at $300,000
- Building permit for construction of new single family detached dwelling at 140 Ellington Crescent, valued at $290,000
| January 2026 | January 2025 | January 2026 | January 2025 | |||||
| Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | |
| TOTAL | 94 | $11,545,920 | 65 | $17,218,220 | 94 | $11,545,920 | 65 | $17,218,220 |
| COMMERCIAL | 13 | $5,306,656 | 21 | $12,990,139 | 13 | $5,306,656 | 21 | $12,990,139 |
| INDUSTRIAL | 1 | $1,000 | 1 | $1,000 | ||||
| PUBLIC SERVICE | 4 | $96,265 | 3 | $1,850,000 | 4 | $96,265 | 3 | $1,850,000 |
| RESIDENTIAL | 76 | $6,142,000 | 41 | $2,378,081 | 76 | $6,142,000 | 41 | $2,378,081 |
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