Red Deer building permit values up significantly

By Sheldon Spackman
September 8, 2017 - 12:43pm

The value of building permits in Red Deer last month were more than double than in the same month last year.

The latest stats from the City show over $15.4 million dollars in permits issued in the month of August, up from $6.5 million in August of 2016.

Notable permits last month include a $5 million dollar permit for a new Quinn Artificial Lift Services facility and a permit for a building at Timberlands Drive, valued at $900,000.

Year to date figures however are still well behind last year’s. There has been nearly $84 million dollars in permits issued so far in 2017, down from over $190 million issued at this point in 2016.

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