Builders start year with lackluster month
February 15, 2008
Park City’s construction industry posted a lackluster start to 2008, compiling about $1.6 million in work in January, far off the pace of 2007.
According to the city’s Building Department, officials issued 21 building permits in January. In January 2007, by comparison, the department issued 55 permits with a combined value of about $41.9 million, the start to a record-setting year in 2007.
The January numbers also trailed those recorded in December, when about $4.2 million in work was permitted.
Chief Building Official Ron Ivie says permits for the St. Regis in Deer Crest, Silver Star at Park City Mountain Resort and the Frontier Bank building were issued in January 2007, accounting for the big numbers that month.
"These bigger projects can really influence the numbers," Ivie says.
The Building Department says three houses received permits in January, with a combined value of $915,187.09. No other permits for residential units were issued in January, but 10 were given for alterations and additions, mostly to dwellings.
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The number of electrical, plumbing and mechanical permits was mixed between January, the previous month and the same month in 2007.
Meanwhile, the department averaged about 208 inspections each day in January, down from December’s 336 daily average and the 260 each day in January 2007.
The construction industry set an all-time record in 2007, the second consecutive record, but it is unclear whether builders will approach last year’s benchmark in 2008.