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Building permits on the rise; year-to-date value best since 2008
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Building permits on the rise; year-to-date value best since 2008

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Home construction

A home is shown under construction in Cabarrus County in this 2013 file photo.

CONCORD, N.C. – Construction in Cabarrus County continues to improve but levels are still below the pre-recession peaks in 2006, according to reports in the Cabarrus County Construction Standards office.

November building permits totaled 236 for an estimated value of $25.2 million. The November 2006 totals were 269 permits worth $65.2 million.

However, the November totals, especially for single-family detached homes, look pretty good when compared to more recent years.

There were 93 single-family detached permits issued in November with a total value of nearly $12.6 million, the highest November figure since 2007. That’s up from 76 homes in November 2013 for $10.6 million.

Other recent November totals include: 59 for $7.5 million, 2012; 51 for $6.8 million, 2011; 44 for $5.5 million, 2010; 33 for $5.2 million, 2009; 23 for $2.7 million, 2008; 94 for $13.4 million, 2007; and 133 for $20.7 million, 2006.

Total permits for November show less of a growth pattern. This year’s total was 236 permits for $25.2 million. That’s up from 155 permits for $21.9 million in 2013.

Here are other November totals: 144 for $12.8 million, 2012; 154 for $31.8 million, 2011; 76 for $27.8 million, 2010; 79 for $9.0 million, 2009; 94 for $21.8 million, 2008; 261 for $49.2 million, 2007; and 269 for $65.2 million, 2006.

The biggest project permitted in November was more construction at the Afton Ridge Apartments, behind Target at Afton Ridge in Kannapolis. Cabarrus County issued six more permits totaling nearly $4.8 million for the multi-million-dollar project.

A permit for nearly $2 million was issued for Ike’s Construction to build at 120 West Avenue in Kannapolis. The property in downtown Kannapolis is owned by Atlantic American Properties.

Rowan-Cabarrus Community College received a permit valued at nearly $888,000 for work at the South Campus on Trinity Church Road.

Other large permits issued in November included: $495,000, 5555 Davidson Highway; $486,000, 8680 Concord Mills Blvd. (in front of Lowe’s); $490,000, Corning Inc., U.S. 601, Midland; and $500,000, 247 George W. Liles Parkway (Province Green subdivision).

January through November totals are the highest since 2008. Overall there were 2,570 permits worth about $335 million, up from 2,281 for $285.6 million in 2013. The 2008 total was 2,701 projects for $520.9 million.

Other January-November totals were: 1,944 for $255.3 million, 2012; 1,831 for $183.4 million, 2011; 1,213 for $168.3 million, 2010; 1,310 for $265.9 million, 2009; 2,701 for $520.9 million, 2008; 3,963 for $574.7, 2007; and 3,986 for $621.7 million, 2006.

Contact Mark Plemmons at 704-789-9140.

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