Park City & Deer Valley

The January total Beat Last Year's, but It Was Not a Strong Showing

Park City's construction industry in January bested the dollar figures recorded in the same month the year before, but the month was a lackluster start to 2011 nonetheless.

The Park City Building Department reported issuing $849,700 in permits in January, up from the $680,326 worth of permits that were issued in the same month the year before.

The department in January, however, did not issue any permits for new structures. Alterations and additions to residential buildings or commercial buildings accounted for nearly all of the permit value in January, the Building Department said. There was a handful of permits issued in other categories the Building Department tracks, such as signs.

Thirty-eight building permits were issued in January, four fewer than the figure in the previous January and 10 fewer than were issued in December. The number of electrical, plumbing and mechanical permits issued in January was mixed compared to December and the previous January.

Meanwhile, the Building Department's inspection load, an average of 172.2 each day, fell slightly from December. The average was well off the pace of January 2010, when the department averaged 375.6 inspections each day.

The construction industry continues to suffer amid the economic conditions, and the industry inside Park City is not expected to make a significant comeback in 2011.

There are a dwindling number of major private-sector development sites within Park City, leading to the expectation that it might be some time before the industry matches the record-setting years prior to the onset of the recession.

by Jay Hamburger OF THE RECORD STAFF : The Park Record

For More Information on Park City and Deer Valley Contact:
Michael Lapay
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653

mlapay@pureparkcityrealestate.com