Hospital expansion gives Park City builders a clean bill of health
December 12, 2014
The Park City Building Department in November issued two multimillion-dollar permits involving high-profile construction projects, propelling the industry to another $10 million-plus month during what will be one of the top-performing years in Park City’s history.
The Building Department in November issued 87 permits valued at approximately $17.4 million combined. The dollar figure beat the previous month by nearly $5 million and soared over the just more than $8 million tallied in November of 2013. The $17.4 million ranked as the No. 3 month in 2014. It was, by a wide margin, the strongest November of the past four years.
Two permits pushed the numbers higher in November. The Building Department issued a permit valued at a little more than $8.5 million for an addition to the Park City Medical Center and a permit for a major renovation of The Yarrow, pegged at just more than $4.6 million.
The Park City Medical Center addition measures 82,000 square feet on the north side of the building. The three-story addition will be built on what is now a parking lot. Amy Roberts, a spokesperson for the medical center, said the project broke ground in early December with plans to complete the addition in the fall of 2016.
Roberts said the expansion includes more space for a wellness center, an education center with seating for up to 500 people and medical office space.
She said the permit allows a first phase. Permits for subsequent phases are expected to be more valuable than the one issued in November, Roberts said, indicating the project is estimated to cost $40 million to build.
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The permit issued for work at The Yarrow allows a renovation as the property is converted into a DoubleTree.
The construction industry in Park City has enjoyed the best year since the depths of the recession as a range of projects, both in size and category, has led to a broad increase in the numbers. There has been a series of high-dollar permits issued in 2014, but there have also been numerous permits valued in the six figures as well. The permits have involved new construction projects and additions or renovations of existing properties.
The year-to-date total at the end of November reached nearly $136.2 million. The number through the same period in 2013 was $68.9 million, approximately half the 2014 number.
The Building Department in November, meanwhile, issued permits to put up four houses. The permits were valued at a little more than $1.4 million combined. Another nearly $2 million worth of work was permitted for alterations or additions to residential properties.
Some of the notable permits issued in November included:
The number of electrical, plumbing and mechanical permits issued in November was mixed when compared to the previous month and the previous November. The Building Department in November conducted an average of just less than 91 inspections each day, down sharply from the nearly 139 each day in October but up slightly from the approximately 86 daily in the previous November.
The construction industry in 2014 is staging an extraordinary comeback from the depths of the recession. As the year started, it was expected to be a busy year for the industry, but the numbers have been especially stellar. Chad Root, the building official at City Hall, has said builders are confident in the Park City market and the statewide economy.
The industry in September surpassed the $100 million mark, the first time it had reached nine digits since 2008. The numbers fell as a result of the recession, bottoming out at $40.9 million in 2011, before beginning to climb again.
Chad Root, the building official at City Hall, said strong months for building permits toward the end of 2014 will result in a busy construction season in 2015 since those projects will be pressing ahead at that time.
"Next summer is going to be a huge building season and, unfortunately, it’s going to impact a lot of the residents," Root said, noting that some of the work will be at sites in neighborhoods.
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