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Red Deer permits up 70 per cent

Building activity in Red Deer remained in bounce-back mode for 2011.

Building activity in Red Deer remained in bounce-back mode for 2011.

According to City of Red Deer figures, building-permit values in the central Alberta city were up about 70 per cent for the first 11 months of the year, with 2011 permits valued at $160.4 million, versus only $93.8 million for the same period in 2010.

Commercial and industrial values more than doubled those, while residential values were up by a more modest 10 per cent.


from Western Investor February 2012