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Alberta DailyEst. 2026
BusinessRed Deer

Red Deer building permits reach $9.15 million in September

The monthly total was down slightly from a year earlier, while the year-to-date figure reflects the absence of last year's massive hospital tower permit.

Red Deer building permit values totalled $9.15 million in September, slightly below the $9.65 million recorded in September 2025, according to figures released by the City of Red Deer on Friday.

Year-to-date, building permit values sit at $73 million in 2026, a sharp drop from the $1.04 billion recorded at the same point last year. The City noted that the 2025 total was inflated by roughly $940 million tied to the new patient tower at Red Deer Regional Hospital Centre.

Notable permits issued in September include tenant improvements to build a gym at 4407 50 Avenue valued at $1.75 million, along with several stacked townhouse developments on Caribou Crescent. These include a 12-unit project at 15-115 Caribou Crescent worth $1.18 million, another 12-unit project at 9-115 Caribou Crescent worth $873,000, a four-unit development at 1-115 Caribou Crescent worth $765,000, and an eight-unit development at 5-115 Caribou Crescent also worth $765,000.

Compiled by the Alberta Daily Desk — an AI-written summary of reporting from the credited sources below, produced and reviewed under our editorial policy.

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