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Building permit values decrease in September

October 4, 2023 1:44 PM
(Red Deer, Alberta)

Building permit values decreased in September, with 92 approved permits valued at $5.5 million, compared with 112 permits issued in September 2022 worth $9 million.

Year-to-date values remain lower in 2023, with current values at $73.8 million compared with $138.2 million last year.

Notable permits include:

  • Building permit for construction of an elevator to serve existing hotel at 110-3310 50 Avenue, valued at $795,000;
  • Building permit for exterior renovations to existing building at 3430 50 Avenue, valued at $690,729;
  • Building permit for replacement of self supported fabric structure at Civic Yards, 7721 40 Avenue, valued at $617,584;
  • Building permit to construct hair salon with retail sales at 110-500 Timberlands Drive, valued at $300,000;
  • Building permit to construct new detached dwelling with attached front garage and rear deck at 37 Thorkman Avenue, valued at $202,768.

 

  September 2023 September 2022 Jan - Sep 2023 Jan - Sep 2022
RED DEER Permits Est. Value Permits Est. Value Permits Est. Value Permits Est. Value
TOTAL 92 $5,487,939 112 $9,066,872 804 $73,765,024 717 $138,270,590
COMMERCIAL 21 $2,343,135 24 $4,102,457 186 $38,582,589 169 $59,246,012
INDUSTRIAL 4 $741,241 7 $984,352 33 $4,943,072 20 $3,667,428
PUBLIC SERVICE 2 $128,900 1 $3,612 45 $7,435,988 41 $50,057,234
RESIDENTIAL 65 $2,274,664 80 $3,976,452 540 $22,803,374 487 $25,299,916
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