Commercial building doubles from last year

Commercial building doubles from last year

The number and value of building permits in the commercial sector doubled in October compared to the same month last year. Values were estimated at $3.6 million last month compared to $1.3 in October 2015, with commercial permits year-to-date valued at $55.9 million.

Several projects contributed to a strong October, including an addition to the Covenant Health Villa Marie on Carrington Drive, estimated at $1.9 million; an Elephant and Castle restaurant on Timberlands Drive, estimated at $279,000; First Red Deer Place tenant improvements, estimated at $240,000; and construction of a Domino’s Pizza in Lancaster, estimated at $195,000.

Residential, industrial and public sectors lagged in October.

 

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