Park City’s construction industry finished July having posted $52.4 million in work since January, keeping the industry at a pace of less than half of the figures recorded through the same period in 2008, the city’s Building Department reports.
the end of July 2008, the figure sat at $120.7 million.
The department indicates it issued 85 permits in July worth a combined $6.8 million. Alterations and additions propped up the numbers in July, when approximately $5.5 million in work received permits. The most expensive alterations and additions were primarily made to commercial buildings, which accounted for 81 percent of the dollar value.
Meanwhile, the department granted permits for three houses, worth approximately $1.3 million combined. There were no permits issued for duplexes, multi-family projects or commercial or industrial buildings.
The $6.8 million in construction permitted in July was a jump from the previous month, when $3.4 million worth of work received permits. But the July figure was well behind the $11.5 million that was approved as part of 115 permits in the same month the year before.
The number of electrical, plumbing and mechanical permits was mixed compared to the previous month and the same month the year before.
The department conducted an average of 272 inspections each day in July, up from the previous month and the same month the year before.
The construction industry is suffering amid the recession, and City Hall’s chief building official, Ron Ivie, has said the numbers at the end of the year will likely not approach the record-setting years of earlier in the decade.
A permit issued at the Montage in Empire Pass early in 2009 accounts for more than half of the year-to-date dollar value of construction. It was the final permit of significant value expected to be issued at the Montage.