February saw an increase in residential construction permits for single family dwellings valued at $10 million which is an increase from $4.9 million in 2015.
There were 48 permits issued for single family dwellings in February, compared to 24 in February 2015. Residential development permits were valued at $12.7 million last month, bringing the year-to-date total at $24.9 million.
“It is nice to see an increase in single family dwellings. The increase shows a recovery of this market over the same period last year,” said Mayor Michael Fougere. “Commercial building permits are also strong with the construction of the new schools which is very positive for our residents.”
New permits issued in February for projects valued at more than $1 million include a new public school on 15th Avenue valued at $15.9 million, construction of the Superstore on Albert Street valued at $8.3 million, a new school in northwest Regina valued at $2.7 million, a $1.3 million alteration to a financial institution on Hamilton Street and an alteration to the Pasqua Hospital valued at $1.1 million.