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Amarillo building permits increase from 2012Amarillo building permits increase from 2012https://www.recenter.tamu.edu/news/newstalk-texas/?Item=75612013-04-29T15:27:00Z2013-04-24T13:00:00Z

AMARILLO - Construction spending in first quarter 2013 outpaced first quarter 2012, mainly on the strength of commercial projects. The City of Amarillo issued permits for $61.7 million in projects, besting 1Q 2012 by about 10 percent.

However, the 1Q 2013 total remains behind first-quarter totals for the previous five years, according to an AGN Media analysis.

Businesses started 45 new construction projects in 1Q 2013 with combined permit value of $13.9 million. In 1Q 2012, 13 projects with $9.4 million in commercial construction were launched.

Spending on business renovations doubled, from $6.3 million in 1Q 2012 to $13.9 million.

Homeowners started $4.4 million in projects in 1Q 2013, a mirror of 1Q 2012. Amarillo started 2013 coming off its best construction year since a record 2005. In 2012, the city issued permits for $440.9 million in projects, the highest mark since 2005.

In 2005 the city permitted projects worth $454.8 million, a record aided partly by a June 2004 hailstorm that caused $175 million in insured damage losses, according to the Insurance Council of Texas.

Amarillo 1Q 2013 Construction Spending and
Home Starts
  Total
Construction
Spending
Single-Family
Construction
Spending
Single-Family
Home Starts
2013 $61.7 million $29.1 million 103
2012 $55.6 million $27.4 million 111
2011 $71.6 million $30.2 million 120
2010 $83.8 million $36.6 million 169
2009 $98.5 million $25.5 million 108

Source: City of Amarillo

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