Big decline in building permits

  • Oct. 5, 2010 8:49 p.m.

The value and number of total building permits in Red Deer last month plummeted compared to figures released a year earlier.

Last month the City issued a total of 89 building permits of all types with an estimated total value of $6.1 million. That compares to 214 total building permits worth an estimated $12.2 million that was recorded in September, 2009.

For the first nine months of 2010 the City has issued a total of 1,043 building permits of all types. The estimated value is $89.7 million. During the same period of 2009 the City issued 1,406 building permits of all types. The estimated value was $105.9 million.

Figures for the residential sector were dramatically down last month compared to September, 2009.

Last month the City issued 79 residential building permits compared to 201 a year earlier. The estimated value last month was $4.5 million – a more than 50% decrease compared to the $9.6 million estimated value in September, 2009.

For the first nine months of 2010 the City has issued a total of 909 residential building permits worth an estimated $54.9 million. During the same period in 2009 the City issued a total of 1,240 residential building permits worth an estimated $57.3 million.

However, in the commercial sector the City improved last month over figures released a year earlier. Last month the City issued six commercial building permits worth more than $1 million. In September, 2009 the City also issued six commercial building permits. The estimated value was $472,000. For the first nine months of 2010 the City issued a total of 97 commercial building permits worth an estimated $16.7 million. For the same period in 2009 the City issued 114 commercial building permits worth an estimated $16.3 million.

In the industrial sector the City issued two building permits last month worth an estimated $123,000. In September of 2009 the City issued five industrial building permits worth $657,200. For the first nine months of 2010 the City issued a total of 28 industrial building permits worth an estimated $9.4 million. For the same period in 2009 the City also issued 28 industrial building permits but the value was only $1.6 million.

In the public sector the City issued two building permits last month worth $419,150. A year earlier the City also issued two permits. They were worth just over $1.4 million. For the first nine months of 2010 the City has issued a total of nine public building permits worth an estimated $8.6 million. For the same period in 2009 the City issued 24 public building permits worth almost $30.7 million.

Bachusky

Just Posted

Klaus trial continues with cross-examination of undercover officers

The Castor-area triple homicide trial continued on Friday

Red Deer RCMP make high volume of arrests

Numerous suspects arrested in relation to property crime offences

Red Deer RCMP arrest two with multiple stolen IDs

Men had allegedly had stolen information from 15 people

Christmas Wish Breakfast helping those in need

Event takes place in Red Deer on Sunday

Temporary road closure near Riverside Drive

Red Deer road closed for water service

WATCH: Red Deer RCMP give back

United Way of Central Alberta hold inaugural McDonalds United Way Day

Dead boy’s father posts Facebook response after Appeal Court upholds conviction

David, Collet Stephan were found guilty in their son Ezekiel’s 2012 death from bacterial meningitis

Bank of Canada cautious of future rate hikes

The Bank of Canada remains cautious on future rate hikes due to low- inflation risk

London theatre received allegations against Kevin Spacey

The theatre said Thursday the 20 allegations deal with incidents between 1995 and 2013.

Da Vinci’s Christ painting sells for record $450M

The painting, “Salvator Mundi,” Latin for “Savior of the World,” is one a few paintings by Leonardo known to exist

Loblaws closing 22 stores, launching home delivery ahead of ‘difficult year’

“We are excited about our future. But…we expect 2018 will be a difficult year,” said Galen G. Weston, Loblaw CEO.

Walk of Fame bash celebrates David Suzuki, Donovan Bailey, Anna Paquin

Suzuki says he’ll be thinking of his late parents as he accepts the honour

Trudeau to personally unveil Liberals’ peacekeeping plan

This marks Canada’s first tangible step back into peacekeeping

Blake Shelton named Sexiest Man Alive 2017

“I think to describe myself as a child, one word comes to mind. And that’s fat.”

Most Read