Newspaper article THE JOURNAL RECORD

Building Permits for Area Rise 0.9% during November

Newspaper article THE JOURNAL RECORD

Building Permits for Area Rise 0.9% during November

Article excerpt

By Betty Jane Harvey

Journal Record Staff Reporter

The number of building permits issued for the construction of single-family homes in the Oklahoma City area during November crept up 0.9 percent when compared with the same month last year.

There were 211 permits issued in November, up from 209 permits issued in the same month last year, according to a survey of 16 municipalities in the Oklahoma City area. Of those 16 communities, 11 reported building activity during November.

November marked the 22nd consecutive month that the number of building permits has increased when compared with the same month a year earlier.

In the first 11 months of 1992, the number of permits issued increased 28.4 percent to 3,057 from 2,381 permits granted in the same period a year earlier. Of those 16 municipalities, 14 have reported building activity at some point in the year.

Permits in Oklahoma City were up 14.8 percent in November to 93 issued from 81 in the same month last year. Permits were valued at a total of $9.89 million, or an average of $106,450 per home.

In the first 11 months of 1992, there were 1,393 building permits issued, a 23.38 percent rise from 1,129 permits issued in the same period of 1991.

A permit was issued for the first apartment complex to be built in the city since 234 units were built in May 1989. Oklahoma City University was granted a permit for a 154-unit complex at 2600 N. Virginia Ave. worth $4.5 million.

OCU is working with an out-of-state development company on the privatized housing unit. Details have not yet been released.

The structure is not a part of a $13.1 million building project OCU announced in June. That project would ultimately include Sarkeys Law Center, International Language and Cultural Center, School of Nursing building and Physical Fitness and Wellness Center. Other items falling under the $13.1 million figure would be various renovation and upgrade projects on the OCU campus.

The number of building permits in Edmond fell 6.1 percent to 46 issued in November from 49 granted in the same month last year. The 11-month total for 1992 showed a 17. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.