The value of building permits in Red Deer increased in December, while fewer permits were issued in the last month of the year.
As of last month, there were 58 permits approved worth $ 6.5 million, up from 69 permits issued in December 2020 worth $ 6.3 million.
The most notable permit issued in December was a renovation of a downtown building at 4920 51 Street. A second and fifth story renovation that includes new walls, factory work, glass partition systems, rolled shutter, functional wall and new structural supports as well as sprinkler and HVAC system design , the replacement of the plumbing fire pump is valued at $ 1.63 million.
A permit for a new five-bay commercial building at 3321 50 Avenue cost $ 1.3 million.
Year over year, the value of permits declined by almost $ 100 million in 2020. The value in 2021 was $ 109.5 million, compared to $ 261 million in 2020. Overall in 2021, 1,507 building permits were issued in the city, almost 100 more than in 2020. The majority of these were residential permits, with 684 issued throughout the year.
Send your new tips
Like us on Facebook and follow us on Twitter