Construction industry’s year-to-date dollar figure is sinking
The Park City Building Department in April did not issue a permit for a new structure as contractors instead focused on work on existing buildings, according to the department’s monthly report.
The Building Department valued the work in April at just less than $1.9 million. The department said it issued 52 permits for alterations or additions, with 45 of them granted for work on dwellings and the remainder issued for work on commercial buildings.
Meanwhile, the department in April also granted eight permits for relocations or demolitions and two permits for signs.
For more than a decade it has been rare for the Building Department to go a month without issuing a permit for a new dwelling.
The year-to-date numbers continue to trail those from the year before by a wide margin. the end of April, the Building Department had issued permits for $5.9 million worth of work. Through the same period in 2009, itself a down year, the department had issued permits for $37.4 million in construction.
Officials have long cautioned that the construction numbers could again fall sharply from the boom years of the last decade. The recession cut deep into the local construction industry at a time when the number of major developments inside Park City was dwindling anyway. The drop has been cited as one of the causes of the tightening of City Hall’s budget.
The Building Department said it issued 64 permits across all the categories in April. The just less than $1.9 million in value trailed the figures in March and in the previous April. It was less than half of the number from the same month the previous year.
The number of electrical, plumbing and mechanical permits issued in April was generally up from March and from the previous April.
The Building Department averaged 204 inspections each day in April, down sharply from the previous month but up slightly from April 2009.
The year-end total in 2009 dropped to $68.5 million, well off the $100 million-plus years that the industry enjoyed prior to the recession. The industry this year through April is trailing the pace of 2009, which was buoyed by a valuable early year permit at the Montage in Empire Pass.
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