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Local building values increased in August

Buildings permits were worth $1.96 million in August, an increase of $431,000 over last year
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Building permit values increased in August and for the year to date.

August permits from city hall were worth $1.96 million, an increase of $431,000 over last year.

Year-to-date building increased by 26.4 per cent to $14.9 million.

No new house permits were issued during August, same as last year.  

Twenty new single-family residences worth $7.2 million this year are up by six houses and almost $2.7 million.

Major commercial permits during August include $375,000 for a restaurant at 1250 Main North, current site of Burger King; $480,000 for a clinic at 28 Highland Road near the hospital; $62,500 for a building at 463 Main North; $100,000 for a restaurant at 432 High West; and $120,000 for  a new building at 354 High West.

The building permit report doesn’t reflect total values. Value of a new hotel among the cluster in William Grayson Business Park wasn’t included for privacy reasons.

Ron Walter can be reached at [email protected].

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