Commercial building doubles from last yearRDCA-Admin
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.