February 2, 2024 8:53 AM
(Red Deer, Alberta)Building permit values increased in January, with 67 approved permits valued at $7.2 million, compared with 61 permits issued in January 2023 worth $4.8 million.
Notable permits include:
- Building permit for construction of office addition and new shop bays at 8133 Edgar Industrial Close, valued at $3.5 million
- Building permit for construction of a new 62-unit residential apartment complex at 5436 47 Street, valued at $1 million
- Building permit for construction of a new single family detached dwelling with attached garage and basement development at 29 Tranter Street, valued at $319,000
- Building permit for tenant improvements to dentist office at 4-6791 50 Avenue, valued at $300,000
- Building permit for second floor tenant improvements at 5120 47 Street, valued at $256,000.
| November 2024 | January 2023 | Jan - Jan2024 | Jan - Jan 2023 | |||||
| RED DEER | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value | Permits | Est. Value |
| TOTAL | 67 | $7,205,693 | 61 | $4,861,426 | 67 | $7,205,690 | 61 | $4,861,426 |
| COMMERCIAL | 18 | $1,628,773 | 17 | $1,256,150 | 18 | $1,628,773 | 17 | $1,256,150 |
| INDUSTRIAL | 1 | $3,500,000 | 2 | $95,000 | 1 | $3,500,000 | 2 | $95,000 |
| PUBLIC SERVICE | 7 | $871,000 | 4 | $1,140,000 | 7 | $871,000 | 4 | $1,140,000 |
| RESIDENTIAL | 41 | $1,205,918 | 38 | $2,370,276 | 41 | $1,205,918 | 38 | $2,370,276 |
- end -