Article published in the PG Citizen on January 17, 2020
Construction in the city reached finished well ahead of the previous year’s record-setting pace, year-end building permit numbers show.
Over the course of 2019, 611 permits for $223.1 million worth of work were issued, shattering the records set in 2018 when 515 permits for $186.6 million were issued.
By the end of October, the 2018 total had been eclipsed and another $29.3 million over 70 permits was added over November and December.
The total value includes another record-breaking number: $206.4 million of private sector investment, which is about 93 percent of the total permit values for the year.
Strikingly, the number of new multi-family permits more than doubled from 33 in 2018 to 72 in 2019 and added up to $52.4 million worth of work, well up from $21.7 million the year previous.
Single-family homes accounted for $72.4 million on 138 permits, down somewhat from $77.8 million on 139 permits during 2018.
