August 3, 2023 9:35 AM
(Red Deer, Alberta)Building permit values decreased in July, with 92 approved permits valued at $6 million, compared with 85 permits issued in July 2022 worth $16 million.
Year-to-date values remain lower in 2023, with current values at $45 million compared with $105.7 million last year.
Notable permits include:
- Building permit for construction of foundation for new worship facility at 394 Townsend Street, valued at $1.2 million
- Building permit for construction of a truck bay addition at 5410 50 Avenue, valued at $550,000
- Building permit for interior renovations for optical retailer and optometrist at 316 4900 Molly Banister Drive, valued at $335,000
- Building permit for tenant improvements for dance studio at B2 2319 Taylor Drive, valued at $300,000
- Building permit for construction of two modular classroom units at 4210 59 Street, valued at $280,000
| July 2023 | July 2022 | Jan - July 2023 | Jan - July 2022 | |||||
| RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
| TOTAL | 92 | $6,021,761 | 85 | $16,181,725 | 589 | $45,099,414 | 508 | $105,759,787 |
| COMMERCIAL | 28 | $1,338,475 | 28 | $9,343,019 | 141 | $17,809,658 | 130 | $37,100,119 |
| INDUSTRIAL | 5 | $827,000 | 1 | $74,373 | 23 | $3,119,331 | 12 | $2,583,119 |
| PUBLIC SERVICE | 9 | $2,230,600 | 5 | $4,504,000 | 37 | $6,972,208 | 31 | $47,990,522 |
| RESIDENTIAL | 50 | $1,625,686 | 51 | $2,260,334 | 388 | $17,198,217 | 335 | $18,086,070 |
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