The building permit report for May 2024 shows that the value of projects in the city has increased compared to last year despite fewer permits being issued.

Eight commercial or institutional permits were issued—one for a new project valued at $50,000 and seven for renovations totalling $3.7 million.

Two industrial permits were issued, one for a new project valued at $75,000 and one for renovation valued at $100,000.

Five permits were issued for renovations to single residential units, totalling $330,000. This is compared to the 17 that were issued last year.

In May 2024, the total construction value was $4.3 million, compared to $3.7 million in May 2023. The total permit value for May is $29,354, up from $23,662 in 2023, marking a 24.05 percent increase.