April building numbers include largest project so far this year
May 1, 2019
April’s building permits dropped below record pace for the year but included a big new project.
It’s the largest permit taken out for a project so far this year: $15.5 million for Encompass Health. The Alabama-based system is building an inpatient rehabilitation hospital in southwest Sioux Falls.
Other large permits for the month include the senior living complex Village Cooperative in south Sioux Falls at $10.3 million and the Hillcrest Heights apartment buildings at 1001 S. Sertoma Ave. at $7.9 million.
Total building permits through April were valued at $207.1 million, down from $224.9 million at the same time last year.
Despite several large project, new commercial permits total $91.6 million year-to-date, which is behind the past two years. In 2018, they totaled $108.9 million through April.
The biggest drop has been in office, institutional and educational projects, which totals $5 million so far this year and are tracking well behind the previous two years. This time last year, that category totaled $57.1 million. Once a permit comes in for the new Jefferson High School, those numbers will start to improve.
New residential construction at $44.9 million also is behind the past two years. It was $58.9 million through April 2018. There have been permits issued for 136 single-family homes, compared with 204 for the same time last year.
Multifamily permits at 287 units are ahead of last year’s 272.
Residential additions and remodeling projects also are ahead of last year, totaling $16.7 million compared with $12.5 million.
