January 3, 2023 10:28 AM
(Red Deer, Alberta)Building permit values decreased in December, with 49 approved permits valued at $4.5 million, compared with 58 permits issued in December 2021 worth $6.5 million.
Year-to-date building permit values remain higher in 2022, with current values at $154 million compared with $134 million last year.
Notable permits include:
- Building permit for tenant improvements at 1117-2827 30 Avenue, valued at $1 million
- Building permit for interior and exterior renovations to existing building at 101-5589 47 Street, valued at $520,000
- Building permit for construction of two modular classrooms and connecting hallway at 100-56 Holt Street, valued at $450,000
- Building permit for interior renovations and subdivision into 3-4 legal units at 210-5002 55 Street, valued at $315,000
- Building permit for construction of new salon at 1-5579 47 Street, valued at $250,000
| December 2022 | December 2021 | Jan - Dec 2022 | Jan - Dec 2021 | |||||
| RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
| TOTAL | 49 | $4,457,133 | 58 | $6,511,588 | 903 | $154,296,686 | 1057 | $134,516,280 |
| COMMERCIAL | 13 | $1,596,500 | 11 | $2,288,212 | 213 | $65,088,850 | 289 | $76,721,276 |
| INDUSTRIAL | 1 | $64,000 | 23 | $5,518,428 | 20 | $1,161,820 | ||
| PUBLIC SERVICE | 4 | $1,608,400 | 4 | $2,167,548 | 54 | $54,168,240 | 64 | $23,860,969 |
| RESIDENTIAL | 32 | $1,252,233 | 42 | $1,991,828 | 613 | $29,521,167 | 684 | $32,772,214 |
For more information, contact:
Community & Public Relations
The City of Red Deer
- end -