Construction activity falls in Park City
(Park Record) Park City's building industry finished the first six months of 2009 having posted 41.7 percent of the value of construction recorded through the same period the year before, City Hall's Building Department reports.
According to the Building Department, $45.6 million worth of construction had been permitted through the end of June. At the same time last year, the figure was $109.3 million. The industry enjoyed a fast start to 2009, buoyed by a permit at the Montage in Empire Pass, but the numbers have fallen off dramatically in recent months.
In June, the department issued 83 permits worth a combined $3.4 million. The value was off slightly from the previous month, but it was down considerably from the $16.9 million that was tallied in the same month the year before.
The department did not issue any permits for new dwellings like houses, duplexes and multi-family projects. No permits were issued for commercial buildings, either. Alterations and additions accounted for most of the value of the permits issued in June, with the two categories totaling nearly $3.4 million.
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