AMARILLO - The City of Amarillo permitted $500.7 million in building projects during 2013, increasing 12 percent from 2012 and surpassing a previous record of $454.8 million in 2005.
In 2013, roofing contractors launched $177.3 million in residential repairs and $45.9 million in commercial jobs due to a hailstorm in May. The number is roofing-specific, not including window or other hail-induced repairs. Combined, those projects comprise nearly 45 percent of value of all projects launched in the city.
Contractors launched construction of 472 houses in 2013 worth $122.3 million, down from the 530 houses with a combined construction value of $131 million in 2012.
The $73.5 million in 2013 commercial new construction falls far below the $211.4 million in new business projects permitted in 2012, but several large 2012 projects such as an expansion at Bell Helicopter skew year-over-year comparisons.
Read more at the Amarillo Globe-News.
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