January building permit values down despite higher permit volume

Feb 6, 2026 | 2:33 PM

Building permit values in Red Deer totalled $11.5 million in January, down from $17.2 million in January 2025, according to the City of Red Deer.

While more permits were issued overall, 94 compared to 65 a year earlier, total construction value declined year over year.

Notable permits include:

Building permit for construction of new 14,200 square foot building intended to house 10 tenant bays at 2901 50 Avenue, valued at $3.2 million
Building permit for interior and exterior tenant improvements at ATB Financial at 157-2004 50 Avenue, valued at $900,000
Building permit for tenant improvements at 404-4911 51 Street, valued at $400,000
Building permit for tenant improvements at 200-4315 55 Avenue, valued at $300,000
Building permit for construction of new single family detached dwelling at 140 Ellington Crescent, valued at $290,000