May 9, 2023 1:30 PM
(Red Deer, Alberta)Building permit values decreased in April, with 77 approved permits valued at $5.2 million, compared with 85 permits issued in April 2022 worth $6.5 million.
Year-to-date values remain lower in 2023, with current values at $27 million compared with $43 million last year.
Notable permits include:
- Building permit to construct new, free standing Triple O restaurant with drive thru at 130-3115 50 Avenue, valued at $1 million.
- Building permit to install five paint booths and two make up air units at 6767 Golden West Avenue, valued at $700,000.
- Building permit for addition, renovation and modernization of Hunting Hills High School at 150 Lockwood Avenue, valued at $223,000.
- Building permit to construct new single detached dwelling with front attached garage and rear deck at 47 Thayer Close, valued at $185,713.
- Building permit to construct new single detached dwelling with unfinished basement at 444 Timberlands Drive, valued at $167,000.
April 2023 | April 2022 | Jan - April 2023 | Jan - April 2022 | |||||
RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
TOTAL | 77 | $5,246,995 | 85 | $6,509,932 | 297 | $27,261,610 | 239 | $43,185,716 |
COMMERCIAL | 13 | $1,440,200 | 26 | $3,442,466 | 70 | $12,458,077 | 65 | $17,131,375 |
INDUSTRIAL | 4 | $725,000 | 2 | $382,037 | 11 | $1,259,000 | 8 | $536,037 |
PUBLIC SERVICE | 3 | $383,031 | 9 | $517,400 | 13 | $2,032,831 | 16 | $18,306,400 |
RESIDENTIAL | 57 | $2,698,763 | 48 | $2,168,029 | 203 | $11,511,702 | 150 | $7,211,904 |
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