(Dreamstime)

By Josh Hall (Twitter: @Vancan19)

ebbs and flows

Downward trend continues for Red Deer building permit values

May 10, 2023 | 3:46 PM

This April, building permit values in the city of Red Deer continued to decline year over year.

There were 77 approved permits valued at $5.2 million, compared with 85 permits worth $6.5 million in April 2022.

It is up from March 2023 though, when 62 permits worth $3.28 million were approved.

Year-to-date values remain lower in 2023, with current values at $27 million compared with $43 million last year.

(City of Red Deer)

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Notable permits include:

• Building permit to construct new, free standing Triple O’s 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.