{{titleBar.title}}

{{titleBar.tagline}}

 

 

First nine months: Abilene building permits spikeFirst nine months: Abilene building permits spikehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=28542014-10-28T11:38:00Z2014-10-08T00:00:00Z

ABILENE - The city's construction valuation summary lists more than $140 million in projects granted approval through the end of September 2014, an increase of about $23 million compared to all of 2013.

The first nine months of 2014 has seen $66 million in permits just for new business developments. By comparison, in 2011 Abilene saw $89 million in permits across all building categories.

“It creates an economic impact of its own in the form of new construction jobs for contractors and subcontractors. Many of them are local contractors and I'm sure they hire local workers, and they buy local materials," said economist Karr Ingham.

The year started off strong with Hendrick Medical Center receiving $13.3 million in permits to refurbish a number of the Pine St. building's wings, including its radiological services and two of its operating rooms.

Hendrick then received approval for $8 million in new construction permits for its planned medical plaza located at 5302 Buffalo Gap Rd.

Other big-money projects started so far include a new $8.9 Courtyard by Marriott hotel on Scottish Rd., and the $3 million expansion underway at the giraffe exhibit at the Abilene Zoo.

While new building permits for businesses have been booming in 2014, another explanation for the increase in permits is the effects of a June 2014 hailstorm. July 2014 saw $8 million in permits for repairs and alterations to businesses, but by August 2014 the norm returned as business owners asked for $320,000 in permits.

Through nine months in 2014, Abilene has issued $47.5 million in single-family home permits, compared with $56.3 million in 2013.

Abilene Reporter-News
Abilene
Mixed-Use
http://www.reporternews.com/business/local/building-permits-in-abilene-spike-in-2014_86102614Read more at {Source}

 Search NewsTalk Texas