Aspen’s construction activity through May this year is nearly identical to same time last year. But residential projects are outnumbering commercial by a big margin, 101 to 63. The Aspen Bulding Department. expects a “few residential projects valued at $5M each” to seek permitting soon.
In the past five years, there has been the following Aspen Building Dept permit valuations through May 5th:
- 2010: $20.1M
- 2011: $98.1M which included the $52M expansion project of the Aspen Valley Hospital
- 2012: 69.4M
- 2013: $80.7M
- 2014: $80.4M
Link to article by Karl Herchenroeder, May 9, 2014