December 8, 2023 1:05 PM
(Red Deer, Alberta)Building permit values increased in November, with 91 approved permits valued at $9.4 million, compared with 62 permits issued in November 2022 worth $6.2 million.
Year-to-date values remain lower in 2023, with current values at $86 million compared with $149 million last year.
Notable permits include:
- Building permit for interior and exterior renovations at 110-2410 50 Avenue, valued at $1.7 million
- Building permit for tenant improvements at 140-2410 50 Avenue, valued at $796,000
- Building permit for interior office renovations at 4909 50 Street, valued at $593,700
- Building permit for interior renovations in new building at 110-4925 30 Street, valued at $500,000
- Building permit for construction of new detached single family dwelling with front attached garage, developed basement and covered rear deck at 197 Thompson Crescent, valued at $300,375
| November 2023 | November 2022 | Jan - Nov 2023 | Jan - Nov 2022 | |||||
| RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
| TOTAL | 91 | $9,381,221 | 62 | $6,249,102 | 967 | $86,015,707 | 854 | $149,839,553 |
| COMMERCIAL | 24 | $4,894,998 | 17 | $2,778,150 | 223 | $43,978,917 | 200 | $63,492,350 |
| INDUSTRIAL | 1 | $550,000 | 34 | $5,229,787 | 23 | $5,518,428 | ||
| PUBLIC SERVICE | 6 | $755,244 | 5 | $1,890,000 | 54 | $8,395,952 | 50 | $52,559,840 |
| RESIDENTIAL | 61 | $3,730,979 | 39 | $1,030,952 | 656 | $28,411,051 | 581 | $28,268,935 |
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