The latest stats are out from the city concerning building permits.

And while the amount of permits year-over-year have gone down, the value of the permits issued in 2017 totaled over $55-million dollars ($55,230,580 to be exact). That’s up from the $32,653,417 in permit value in 2016.

476 permits were issued locally in 2017, down from 502 in 2016.

The biggest jump came from the institutional sector, going from 30 permits valued at $5.2-million in 2016 to 33 permits valued at nearly $24-million dollars in 2017.

Looking around, residential permits were slightly down (331 permits at $11.6-million in 2017, 359 permits at $13.8-million in 2016) while the industrial sector saw the value of issued permits double (20 permits at $5.27-million in 2016, 29 permits at $11.3-million in 2017).

CLICK HERE to see all the numbers.

Filed under: Local News