MORE REAL ESTATE NEWSJust two months into the year, building permit activity in Jackson has doubled over last year.
The town building department is-sued 11 permits in January and February, compared with five through the first two months of 2012.
The value of the work skyrocketed, from $792,000 to $6.3 million, but nearly two-thirds of that — $4 million — came from a permit submitted in January by Snow King Resort.
New owners JMI Realty and operators Benchmark Hospitality International will update the hotel with room renovations, new furniture and a facelift of the main plaza, said Craig Waterman, Snow King’s general manager.
“The goal is to get all the rooms done by June 1,” Waterman said.
When the company bought the resort last summer, Benchmark COO Greg Champion said the new owners were ready to invest more than $20 million into upgrading the hotel.
Permit applications are considered a sign of future building activity, which bodes well for Jackson in 2013.
The mix of projects this year is diverse and includes new residential, commercial and townhouse residences, as well as some commercial alterations.
The total number of permits issued in town dropped from 121 in 2011 to 115 in 2012, but new construction increased last year. Developers working on 16 new single family homes received permits, compared to eight the year before.