By rdnewsNOW staff

development update

Building permit values rise in May, but slower year continues

Jun 6, 2019 | 6:32 AM

RED DEER- Building permit values nearly doubled in May compared to April but still trailed last year.

The value of May permits was just over $15,000,000, according to The City of Red Deer.

Commercial permit values are significantly higher than last year; however, residential permit values have dropped somewhat.

Year-to-date building permit values also remain lower than the first five months of 2018.

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Notable permits for May include construction of a commercial building and parking lot at 10 Vermont Avenue, and a new body shop and car sales centre located at 3120 – 51 Avenue.