June 2020 News Archive

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Building permits slow in May

June 8, 2020 11:25 AM
(Red Deer, Alberta)

Building permit applications slowed in May, dropping from an estimated $15 million in 2019 to $2.4 million in 2020. However, January-May 2020 has seen an overall increase in permit values compared to the same period last year, rising from $67.8 million to $89.9 million.

39 permits were issued in May, compared with 132 in May 2019. Notable permits include:

  • Tenant improvements for BMO bank on Molly Banister Drive, valued at $1,000,000
  • Tenant improvements for retail cannabis store in Village Mall, valued at $225,000
  • Exterior renovations for an existing commercial building in north Red Deer

Monthly permit statistics are available on The City’s website at Red Deer Open Data Catalogue.

Value of building permits
  May 2020 May 2019 January - May 2020 January - May 2019
  Permits Est. Value Permits Est. Value Permits Est. Value Permits Est. Value
Red Deer 48 $2,410,465 132  $15,054,426 276 $89,869,401 425 $67,839,034
Commercial 8 $1,448,950 51 $12,262,666 82 $35,405,693 166 $52,012,003
Industrial     7 $100,500 15 $20,990,823 26 $3,357,461
Public Service 1 $80,000 1 $181,031 15 $26,126,171 13 $2,323,296
Residential 39 $881,515 73 $2,510,229 164 $7,346,714 220 $10,146,274

For more information, please contact:

Communications & Strategic Planning
The City of Red Deer

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