Building permit values held steady in 2013

(Red Deer, Alberta) – Building permits for December closed out 2013 on a strong note, valued at 45 per cent ahead of last December and totaling $16,274,116. Residential development made up the majority of the December total with $12,313,581 in permits issued compared to $8,733,566 in 2012. One permit was issued for $6.8 million to Seymour Pacific Developments for a 78-unit apartment building at 2450 – 22 Street.

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