Construction drops through first months of 2016
May 13, 2016
In October, Summit County Community Development Director Pat Putt predicted that the 2016 construction season would be an opportunity for everyone to catch their breath while several large projects, including the Silver Creek Village, are under review. And he’s been right so far.
The Summit County construction industry is showing a slight drop in the number of permits that were issued compared to the same time last year. According to the building department, 168 permits were issued through March with a combined value of about $20 million dollars. The permits generated about $267,000 in fees, down nearly 45 percent from last year. Through March of 2015, the department issued a little more than $32.2 million worth of permits.
"This year compared to last year, in terms of numbers of permits and inspections, we are actually a little bit behind of where we were," said Robert Taylor, Summit County chief building official. "It has flattened out a little bit, but that is kind of welcome."
Through the end of March 2016, approximately 2,877 building inspections had been completed, down from 3,746 at the same point last year.
Several projects, including the Hyatt House on State Road 224, the interconnect gondola linking the two resorts formerly known as Canyons Resort and Park City Mountain Resort and two housing developments, Nevis at Newpark and Newpark Terrace, were completed in 2015. However, most of the development that took place last year was infill throughout neighborhoods in the Snyderville Basin, including Promontory Development and East Creek Ranch.
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In 2015, the building department issued $151.9 million in permits in the year. The figure fell below the $177.9 million posted in 2014, which had soared above the values recorded in the previous three years.
In March, crews broke ground on the Canyon Corners Development, which will include a Whole Foods Market as the anchor tenant, located on Landmark Drive in Kimball Junction. The development is slated for a 43,000-square-foot building, which will be occupied by the Whole Foods Market, another two-story building with 18,000 square feet of retail on the ground level and 20 affordable housing units above.
Over the next several weeks, heavy machinery is also expected at multiple project sites throughout the Snyderville Basin, including the Kimball Junction Transit Center.
Last month, the Snyderville Basin Planning Commission agreed to forward a positive recommendation to Summit County Manager Tom Fisher on three projects: the new Skullcandy headquarters building in the Park City Tech Center, a 12-unit townhome development in the Spring Creek Development, and 63-multi-family units near Canyons Village at Park City.
"People have been applying for permits, we are selling them and they are getting out of the door," Taylor said. "The number of development people that I talk to and the projects that are on the horizon, it looks like we will probably have another strong year and strong season.
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