950 building permits issued in Rapid City in September
RAPID CITY, S.D. (KEVN) -Rapid City issued 950 building permits this September. Setting a record for the third-highest number of permits issued for that month in any year.
The 950 permits issued last month were only surpassed by the 1,146 permits issued in October 2013 and the 1,000 permits issued for September 2013.
Most of these building permits go toward residential properties, with many of them covering roofing repairs and home renovation projects.
There has also been a large increase in apartment complex construction. A total of 4,246 building permits have been issued through September this year.
Community Development Director for the City of Rapid City, Ken Young, says he thinks that so many permits are being submitted now because there was some hold off earlier in the year due to COVID-19 concerns.
“We’ve had some strong demand for residential development for quite some time. So you can only hold off so long. And there’s a lot of opportunity in Rapid City for all types of development. But the strongest demand has been residential,” says Young.
The total valuation for the permits came to a little more than $40 million, setting a record for September.
Top permits issued last month include Lloyd Construction Company for a 96-unit apartment complex at 1466 Catron Boulevard ($7,509,108) and 36-unit complexes at 1330 Catron Boulevard and 1442 Catron Boulevard ($2,815,915 each); Rapid City Area Schools for renovations at West Middle School, 1003 Soo San Drive ($1,872,120); and site improvements including the parking lot at Shepherd Meadows, 1770 E. Philadelphia ($1,700,000).
Copyright 2020 KOTA. All rights reserved.