Home Construction in Rochester Down From Last Year
Rochester, MN (KROC AM News) - New home construction activity in Rochester remained lackluster in August.
The City Building Safety Department issued only 33 permits for new single-family homes worth about $7.6 million dollars last month. Last August, 60 permits for new homes were approved by the city. The total for the year is now up to 221, which is 37 below the tally through the first eight months of 2014.
Overall, the city issued 222 building permits valued at $22-million dollars in August. The largest permits issued were valued at $2.5 million dollars for work at St. Mary’s Hospital and another worth $2.2 million dollars for the addition to the Greek Orthodox Church on West Center Street.
While August was a bit slow for the busy summer construction season, Rochester remains on pace for an over $400 million dollars in new construction this year. The total value of the building permits issued this year is now over $360 million dollars, which is over $100 million dollars higher than the total through the end of August last year. The total for all of 2014 was just under $398 million dollars.