March 29, 2012

SandBoxBlogs: Aspen Daily News "Construction numbers down from last year"

Curtis Wackerle:
"Building permit activity in Aspen is down from last year at this time, but up from the recession’s low point in 2010.

The total value of all building, mechanical, plumbing and electrical permits submitted to the city through March 19 is $26.5 million, according to a city report. That’s 76 percent lower than last year’s total through March 19 of $86.2 million.

Last year’s numbers, however, were bolstered by two major projects that had submitted building permits by this time: the Aspen Valley Hospital expansion and the St. Regis remodel.

This year’s numbers are still 330 percent higher than 2010’s figure through mid-March of $7.8 million. In 2009, construction permitting to date was at $30 million.

“We’re hanging in there with the numbers,” said Stephen Kanipe, Aspen’s chief building official. “We are not withering.”

Kanipe added that the workload in the building department has justified making a part-time plans examiner full time.

The numbers are still below pre-recession levels, when the department was backed up and admittedly was taking too long to process many large permits. In 2008 through mid-March, $89.1 million in construction permits had been submitted, while 2007’s total was $118.3 million...."
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