RAPID CITY, S.D. — Rapid City’s Building Services Division issued 382 building permits in March with a valuation total of $21,393,668.
The permit number is the second-most building permits ever issued for the month of March, surpassed only by the 489 permits issued in 2012. The $21.39 million valuation total is the fifth-highest March since 2000.
By comparison, the City issued 223 permits with a valuation total of $22.4 million in March 2020 (Note: the March 2020 permit valuation included the $14 million permit issued to Red Rock Apartments LLC for a 149-unit apartment complex at 7175 Dunsmore Road).
“We look to the future; we think it looks bright and when we see numbers like this, you know, not an explosion overnight but just a nice steady incline and the number of building permits and good strong building permit valuation, we know its good for the economy and makes the future look bright,” said City Communications Director Darrell Shoemaker.
For the year, the City has issued 877 building permits with a three-month valuation total of $74,813,314. Through the first three months of 2020, the City had issued 629 building permits with a total valuation of $51,847,283.
Top permits issued by the City last month included: CR Lloyd Associates for Heartland Heights Apartments at 427 Degeest Drive ($4,431,672); Community Enhancement LLC for dialysis unit facility alterations at 1043 N. Cambell Street ($2,378,000); RCS Storage LLC for storage unit facility at 1325 Fountain Plaza Drive ($1,289,300); and Orchard Meadows Rapid City LLC for two four-unit apartment complexes at 2770 and 2826 Nuggets Drive ($440,000 each).
The City also issued 151 residential roofing permits last month, the second-highest number of roofing permits issued in the month of March in the last decade. Permits were also issued for 24 single family homes, the most issued in the month of March since 2010 and bringing to 88 the number of permits issued for single family homes for the first three months of the year.