Park City’s construction industry posts year’s best month
The Park City Building Department in April issued a series of permits for alterations or additions to existing structures, making the month the best of the year when measured by dollar figure.
According to the department, 84 permits worth nearly $5.7 million combined were issued in April. Both the number and the dollar amount rose significantly from the previous month and the previous April.
Of the nearly $5.7 million overall figure for the month, just less than $5.1 million was tallied in the alterations and additions category.
The Building Department said the alterations and additions were spread throughout the city. Some of the permits included one for an addition to an Old Town house, valued at approximately $740,000, and one for $800,000 in repairs to a condominium in Deer Valley, the department said.
The year-to-date dollar value of the permits through the end of April was just less than $10.8 million, up from the $5.9 million tallied through the same period in 2010. Although the year-to-date figure tops the number from 2010, it remains well off the pace that was typical in the years prior to the onset of the recession.
The department in April also issued a permit for a house, 16 permits for relocations or demolitions and four permits for signs. The number of electrical, plumbing and mechanical permits was generally up from the previous month and the previous April.
The Building Department’s inspection load, 136 per day in April, was up from the 86 per day in March but down significantly from the 204 each day in the previous April.
The construction industry enjoyed record-setting years between the 2002 Winter Olympics and the onset of the recession. It suffered terribly in the recession, though, and it is not yet clear what sort of comeback it might make.
There are a few major developments that are under consideration inside Park City, but timelines are not finalized. Some of them include the Park City Heights project at Quinn’s Junction and the redo of a swath of the Bonanza Park district.
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