Rapid City issues nearly $ 400 million in building permits in 2021 | Local

Rapid City ended 2021 with the highest building permit valuation on record with $ 398,581,999 out of 4,166 building permits. The top five permits issued in 2021 are all valued at more than $ 10 million, according to the city.

Community Development Director Vicki Fisher previously said the city broke the building permit appraisal record with a total of $ 362,122,322 over 11 months out of 3,910 building permits. The city’s previous record was worth $ 330 million on 2019 permits.

Monument Health’s cancer care addition was the most valued permit for the year at $ 19.35 million. The hospital has announced that it will double the size of the center, a $ 36 million project, in January 2021. The two-year project will expand the center to 70,000 square feet and expand its medical and radiological oncology. It will also allow a multidisciplinary team approach.

People also read …

The second highest permit was $ 14.91 million for the South Dakota multi-agency facility. The permit was issued to Sharaf 6 Properties. Completion of the two-story, 100,000-square-foot building is scheduled for June.

The Element, a four-story facility on St. Joseph Street that will feature an office floor and three floors with 99 apartments and an underground parking garage, had the third highest permit value at $ 14.7 million.

The city also issued a $ 14.1 million building permit to Community Enhancement VII for the VA Outreach Clinic, which will be located at 2165 Promise Road. The facility will replace the smaller location currently located on Fifth Street.

Security First Bank received the fifth highest building permit valuation with $ 12.85 million for a facility at 1919 Hope Court.

The city issued 256 building permits in December with an estimate of $ 31,459,677. Six permits were each worth over $ 1 million. The highest permit was for CR Lloyd Associates for a 72-unit apartment complex on Shelby Avenue for $ 8.2 million, which is the sixth highest permit value for the year. Two permits worth approximately $ 4.1 million have been granted to CR Lloyd Associates for 36-unit apartment complexes on Shelby Avenue.

Monument Health Rapid City has received a $ 1.82 million building permit for modifications to the neurosurgery unit at Cathedral Drive. A permit for $ 1.1 million was issued to MG Oil Company for modifications to the Mountain View Road facility and a single family home with an attached garage had an appraisal of $ 1,007,729.

In 2021, the city issued 263 building permits for single-family homes, the highest since 2005, with a record valuation of $ 73.88 million. It also issued 51 permits for three and four family buildings, the highest since 2005, and a record 768 building permits for five or more family buildings. The city issued 715 building permits for five or more family units in 2020.

The other main permits include:

$ 6.15 million for the foundation and structure of Monument Health’s Cancer Care Institute;

$ 5.9 million each for the Jim Street apartments allocated to Creekside Heights Apartments for two apartment buildings with 58 units;

$ 5.3 million to Pennington County for the Quincy Street Crisis Stabilization Unit;

$ 4.9 million to Wausau Supply Company for the Dyess Avenue addition;

$ 4.66 million for the 42-unit Jaffa Garden apartment complex with the permit issued to Acquisition Group IV on Jaffa Garden Way;

$ 4.6 million for the Circle K / Holiday convenience store issued to Double RF Development Company on Chicago Street;

– $ 4.43 million to CR Lloyd Associates for the Heartland Heights apartments on Degeest Drive;

$ 4.3 million for modifications to the second floor of Monument Health.

– Contact Siandhara Bonnet at [email protected]

You must be connected to react.
Click on any reaction to connect.
Source link

About Jermaine Chase

Check Also

EXPLAINER: How China is using metal barriers to fight COVID

Several Shanghai neighborhoods erected metal barriers last weekend as part of the city’s battle against …