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From staff reports
Building permits issued by the city of Sioux Falls this year have reached $267.3 million, down 32 percent from $352.9 million a year ago.
The valuation for construction continues to fall behind last year’s record pace.
New residential projects are the only category higher than the same period in 2016. Through May, the city has issued building permits for single-family and twin homes with a valuation of $93.1 million, compared with $78.3 million a year ago.
The city issued permits for 333 single-family houses, compared with 302 houses through May 2016. Multifamily projects are at 424 units, down from 1,168 units a year ago.
New commercial projects reached $110.5 million, a decline of 62 percent. Remodeling projects are down for both housing and commercial categories.
Here’s a look at building permits for more than $1 million that were issued in May:
The valuation for construction in the city of Sioux Falls continues to fall behind last year’s record pace.