Construction figures in Park City outpacing 2010
March 18, 2011
The construction industry through the end of February was outpacing the numbers recorded through the same time in 2010, the Park City Building Department reported, acknowledging that it has been a slow start to the year nonetheless.
According to the Building Department, permits valued at just more than $2.2 million had been issued this year by the end of February. Through the same period in 2010, just less than $1.3 million worth of permits had been issued.
The department in February issued 46 permits worth just less than $1.4 million combined. One of the permits, for a house, was valued at a little less than $510,000. Meanwhile, 19 permits were issued for alterations and additions, mostly for people working on residential properties. The permits for the alterations and additions were valued at approximately $861,613, the Building Department said.
The number of electrical, plumbing and mechanical permits issued in February dropped from the previous month and the same month the year before.
The Building Department’s inspection load in February — 131 each day — also fell when compared to the previous month and the prior February. The figure the month before was 172 daily while the daily average in the previous February was 416 each day.
The construction industry’s numbers have fallen sharply after posting several record-breaking totals in the years between the 2002 Winter Olympics and the onset of the recession.
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Officials have said there are few large development sites remaining inside Park City even as the number of smaller projects has fallen amid the economic conditions, a scenario that could depress the construction numbers this year as well. There are a few large developments that are under consideration, such as Park City Heights, but timelines for construction have not been set.