February 09, 2024

City Issues January Building Permit Report

City Issues January Building Permit Report (City File Photo)

CITY ISSUES JANUARY BUILDING PERMIT REPORT

RAPID CITY, SD—The City’s Building Services Division issued 161 building permits in January with a combined valuation total of more than $35.3 million.  The valuation total is the highest total for the month of January since 2018 and higher than the $30.6 million in building permit valuation from January 2023.

            The City issued eight permits with valuation totals exceeding $1 million each, including seven permits each valued at $2.86 million issued to 35Point Capital LLC with Paradigm Construction LLC as contractor.  The seven permits are for 24-unit apartment complexes (168 total apartments) located on Fox Road. The highest-valued permit issued in January was to Butler Machinery Company for a rebuild from fire damage to the facility at 3601 Deadwood Avenue North.

            “The year is off to a solid start,” said Community Development Director Vicki Fisher. “You can’t make projections for the year based on the first month but early indicators show that this is going to be a solid year of growth for Rapid City.”

            The City issued 2,815 building permits in 2023 with a record combined valuation total of more than $463.5 million.  Over the past three years – from 2021 to 2023 – the City has issued nearly 10,000 building permits (9,847) with a combined valuation total of $1.22 billion.

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