Red Deer building permit values lower in May but higher year-over-year

Jun 5, 2024 | 2:50 PM

Building permit values in the city of Red Deer decreased in May, with 92 issued permits valued at $5.7 million, compared with 104 permits issued in May 2023 worth $7.8 million.

However, year-to-date values remain higher in 2024, with current values at $56.9 million, compared with $35 million at this time last year.

City officials say notable permits include:

• Building permit for renovations and exterior door replacement at 4920 51 Street, valued at $1.1 million

• Building permit for interior and exterior renovations at 4711 51 Avenue, valued at $350,000

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• Building permit to construct a new Indigenous Centre at Red Deer Polytechnic, 100 College Boulevard, valued at $273,000

• Building permit for a new detached family dwelling with front attached garage, rear deck and developed basement at 59 Thayer Close, valued at $270,000

• Building permit for renovations to security kiosk at 100 College Boulevard, valued at $265,000.

May 2024	May 2023	Jan – May 2024	Jan – May 2023
RED DEER	Permits	Est. Value	Permits
TOTAL	92	$5,695,284	104
COMMERCIAL	17	$853,201	24
INDUSTRIAL	2	$47,000	3
PUBLIC SERVICE	8	$2,073,539	10
RESIDENTIAL	65	$2,721,545	67

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by rdnewsNOW staff

Red Deer building permit values lower in May but higher year-over-year

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