Leduc’s 2013 total permit value reaches second all-time high.


    Residential permit value also reaches 5-year high at $166.6 million.The City of Leduc reached its second-highest year for total building permit values in 2013 with $277,006,935.64.
    “Residential development also reached a five-year high in our city in 2013, with permit values at $166.6 million,” says Ken Woitt, director of Planning and Development for the City of Leduc. “This community continues to experience incredible growth that continues to support local industry, service section and jobs creation and retention.”
    Building permits are categorized by residential, industrial, commercial and institutional. Total value for all four categories in 2013 is more than $277 million:
• Residential: $166,601,687.64.
• Industrial: $51,477,100.00.
• Commercial: $57,833,000.00.
• Institutional: $1,095,148.00.
    “Compared to 2012, the increase in non-residential assessment continues to strengthen Leduc’s economic standing in the capital region,” says Woitt.
    These successes identified in 2013’s permit values can be attributed to several factors, including Leduc’s affordable and developable land, its strategic location along Highway 2 close to Nisku and the Edmonton International Airport, and its many citizen-friendly amenities, programs and services.
    Historical years on record for building permit values include:
1. 2007: $329.5 million.
2. 2013: $277 million.
3. 2008: $212.7 million.
    All building permit information and reports can be found online (Leduc.ca, click on Permits in the Quick Link box on the left). For more information, go online at Leduc.ca or call 780-980-7177.
    Leduc is a city of 27,000 adjacent to the Edmonton International Airport and 15 minutes from Edmonton. Leduc was Canada’s ninth-fastest growing municipality and second-fastest growing city over the last five-year federal census period (2006-2011). Leduc has grown in population by more than 11,600 (74 per cent) from 2003 to 2013. Visit Leduc.ca for more information.

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