EBR building permits start year with decrease, but valuation soars

EBR building permits start year with decrease, but valuation soars




Seventy fewer building permits were issued in East Baton Rouge Parish in January compared to the year prior, representing a 4.2% drop, according to a report released today by the city-parish Public Works Department. A total of 1,603 permits were issued on the month. The valuation of the projects receiving a permit, however, was astronomically higher this January—$513,000—up 187% from the roughly $275,500 worth of projects permitted in January 2011. A nearly 12% drop in building permits in December left year-end numbers for 2011 off 3.5% compared to 2010. A total of 21,759 permits were issued in 2011, compared to 22,565 issued in 2010. Valuation of projects permitted in 2011 was $548.5 million, a 22.8% drop from the $710.5 million in projects permitted the year previous.



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