Construction spending remains strong

Building activity continues to be strong in Mapleton in 2015, with October figures showing a rise in construction values and permit fees from the previous year, even though the number of permits issued was down.

“Things were a little slower. We only had 18 permits issued, but we still had good construction value,” chief building official Patty Wright told Mapleton council on Nov. 10.

“This time of year it’s to be expected. We’re still going strong.”

The township issued 18 permits in October, for construction valued at just under $7.2 million, generating permit fees of nearly $32,000. In October of 2014, 28 permits were issued for slightly more than $4.1 million worth of construction, generating around $25,000 in fees.

Year-to-date construction is still well ahead of last year’s pace. To the end of October the township issued 303 permits for about $55.5 million worth of construction. That netted the municipality more than $358,000 in fees. To this point in 2014, the township has issued 248 permits for construction valued at $27.1 million and collected $220,000 in fees.

Industrial and agricultural  projects continue to generate the bulk of construction spending. So far in 2015 the township has issued $122 permits for agricultural construction valued at $20.5 million and 17 industrial permits for construction valued at $17.5 million.

 

Comments