Building industry enjoyed best month of year in March
April 23, 2010
Park City’s construction industry in March enjoyed its best month of 2010, City Hall’s Building Department reported, indicating that alterations and additions to existing structures pushed up the month-end tally.
According to the Building Department, 41 permits valued at a combined $2.8 million were issued in March. The value topped the total of the January and February figures put together.
Alterations and additions accounted for more than half of the monthly total, combining for approximately $1.5 million, the Building Department said. The department, meanwhile, issued two permits for houses. They are valued at $1.2 million. Other permits issued in March included relocations or demolitions and signs, the department said.
The $2.8 million represents by a wide margin the biggest month of the year. The numbers in January and February were each in the $600,000s. But $2.8 million in a month does not compare favorably with the top-performing months in the boom years prior to the recession.
The March number outpaced the $1.9 million recorded in the same month last year.
The number of electrical, plumbing and mechanical permits issued in March was mixed compared to the previous month and the same month the year before.
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The Building Department said it conducted an average of 297 inspections each day in March, down from the 416 daily inspections in February but up from the 211 each day conducted in March 2009.
Through the end of March, the Building Department issued permits for just less than $4.1 million in work. The total through the end of the first quarter of the calendar year was well off the pace of last year. Through the same time period in 2009, the industry had posted $32.5 million in construction.
A high-dollar permit issued in early 2009 at the Montage in Empire Pass pushed up the numbers by March of that year, and it buoyed the figures through the rest of the year.
The Building Department has cautioned that the construction industry in 2010 would remain well off the record-setting years of the past decade. There are no large projects expected to break ground this year, and smaller construction jobs have been scattered since the economy faltered.