Red Deer building permit values double compared to last year

By rdnewsNOW staff
March 7, 2018 - 7:03am Updated: March 7, 2018 - 8:37am

RED DEER- Year-to-date building permits have doubled in value over 2017 for the first two months of the year in Red Deer.

So far this year, total permits have been valued at $46.7 million compared to $21.3 million last year at this time.

Commercial, industrial and public sector permits have been the strong leaders with permit values in February surpassing last year.

Residential permit values are lagging.

Notable permits for February include a permit valued at $3.5 million for a new car dealership at 6863 50 Avenue, a permit valued at $1.7 million for exterior renovations to the Centre 5010 at 5010 43 Street, and a $1.9 million permit for a new heat & power generator building at Red Deer College.

Monthly permit statistics are available on The City’s website at: Red Deer Open Data Catalogue.

(Gary McKinnon -The City of Red Deer)

February Red Deer housing starts down over 2017

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