New business building boosts permit values

By Ben Graham, Jackson Hole Daily
April 08, 2013

Jackson business construction is bumping up the value of building permits issued by the town.

Through the first quarter of the year, the town of Jackson has issued the same number of permits as last year. But the price tag for those projects has nearly quadrupled.

The 23 permits doled out by the building department from January to March of this year add up to $12.1 million of work. Jackson inspectors issued the same number of permits last year at this time, but the value of those permits totaled just $3.4 million.

A strong March contributed to the bump in the projects’ value. Only 12 permits were approved last month, but the cost of the work totaled $5.8 million. In 2012, builders received 18 permits adding up to $2.6 million.

Part of the overall increase can be attributed to a handful of large projects.

Owners of the old Sunrise True Value Home Center land on Highway 89 pulled a $2 million permit in March for a commercial addition. The Jackson Whole Grocer is supposed to move to the property sometime later this year.

Another $4 million permit was issued to JMI Realty in January for an overhaul of Snow King Resort.

Still, the mix of projects this year has been diverse.

In March the town distributed five permits for commercial alterations, three permits for new single-family homes, and one each for a commercial addition, a residential alteration, new commercial construction and siding.

Last year, the town issued building permits worth $21.3 million in construction.



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