City Sets Record for Building Permit Valuation

FOR IMMEDIATE RELEASE/November 2, 2016

CITY SETS RECORD FOR BUILDING PERMIT VALUATION

2016 Valuation Total Tops $261 Million

RAPID CITY--Rapid City has set a record for building permit valuation in a year, according to the City's Building Services Division.

            October's valuation total of $16,210,240 brings the total valuation for 2016 to a record $261,980,456 with two months remaining in the calendar year.  The $261 million mark surpasses the previous valuation high of $258,990,182 in 2011.  It is the sixth consecutive year Rapid City has topped $200 million in annual permit valuation.  Prior to 2011, Rapid City topped the $200 million mark in permit valuation only once (2007).

            October's total of 333 building permits and valuation of $16,210,240 compares to 303 permits and a valuation of $19,499,904 for October 2015.  For the first 10 months of 2016, the City has issued 2,756 permits, slightly lower than the 2,845 permits issued for the first 10 months of 2015.

            Top valuation items last month in Rapid City include RDSS LLLP for a new RPM and Associates Inc. building at 500 Turbine Drive ($7,350,000); Cortez LLC for remodeling of the seventh, eighth and ninth floors of the Alex Johnson Hotel at 523 Sixth Street ($750,000); Black Hills Federal Credit Union for the new Armadillo's Ice Cream Shoppe at 130 Main Street ($734,399); and Midcontinent Communications for heating, ventilation and air conditioning improvements at 537 Century Road ($494,000).

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Thank you,

Darrell W. Shoemaker | Communications Coordinator T: 605.721.6686 | M: 605.939.8551

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W: www.rcgov.org

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" 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