Construction booming in Crown Point

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Construction booming in Crown Point

Postby Big Dog » Fri Dec 30, 2005 5:17 pm

Construction booming in Crown Point

CROWN POINT | Mayor Dan Klein expected the city to pass its record for total new construction value this year, but not by this much.

Figures from the Building and Planning Department show Crown Point issued permits for $135 million in residential, commercial and industrial construction in 2005. In 2004, the city had $107 million, and in 2003, a total of $76.1 million. In 2002, construction only came to $57 million.

"That kind of construction means employment for a lot of different people," Klein said Thursday.

As usual, the biggest chunk of construction is residential, said Building and Planning Director Curt Graves. In 2005, the city issued 295 new single-family home permits, compared to 280 in 2004. The average cost per residence, not including the lot, was $213,955.

"It was another major building year," Graves said. "I was anticipating near 300 new home starts for single families."

The city already has five more single-family permits ready to be issued next year, he said.

Crown Point also had 73 single-family attached buildings, or 146 units, with a $18.3 million value. Seven townhomes and condos, or 32 units, are valued at $3.3 million.

Part of the spike can be explained by construction of a new Crown Point middle school, which accounts for $25 million of the city's total of $42.5 million in commercial projects for the year. In 2004, commercial construction totaled $19.1 million.

Industrial projects for 2005 totaled $4.9 million.

nwitimes 12/30/05
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