Non-residential construction permits at a 10-year high
Permit values for nonresidential construction in Forsyth County are at a new 10-year quarterly high.
According to the City-County Planning Division, the value of construction in permits filed from April to June of this year was $119 million for non-residential construction. This included $46 million in new construction and $73 million in redevelopment of existing structures. Some of the top construction projects included the Paisley-Lowrance replacement school, campus improvements at Wake Forest University, a Novant Health medical center and additions to businesses like FedEx and Flow Honda.
Residential construction permit values were also strong, with $58 million in the second quarter. These trends continued in July and August as permits for all types of construction totaled $140.2 million, which is 32 percent more than what it was at this time last year.
Planning Director Paul Norby said this is part of a long-term trend as the economy continues to improve.
“We’ve been generally going up ever since the recession,” said Norby.
