The city of Ardmore continued its trend in growth, enjoying a stellar month of June.
Ardmore Development Services reported permits with a cash value of $11,582,956 were awarded. For 2014, cash value for permits has exceeded $49 million.
“We had a strong month of June, and we are continuing to have steady growth, particularly in the retail sector,” says Nick Diaz, development services director. “Our housing also continues to be strong. It’s apparent the growth is going to continue.”
Permits were approved for four homes with a cash value of $1,580,000. A home with a value of $590,000 will be built on North Commerce, and a home with a value of $450,000 will be on Highland Oaks Circle. Homes with a value of $300,000 and $240,000 were also approved.
In commercial growth, a Baymont Inn will be built at 2606 12th St. NW. Diaz said the inn should have around 60 rooms, and it has a cash value of $4.2 million. A permit was approved for a convenience store at 2510 Veterans Blvd., with a cash value of $2.2 million. Lance Windel Construction will build a leasing office at 630 S. Washington St., with a value of $291,000. And a permit for Maxwell Avenue Church of Christ’s new building at 1951 Merrick Circle was approved. The building has a cash value of $2.1 million.
Two significant renovations are also taking place. A remodeling permit with a cash value of $500,000 was approved for TJ Maxx. Plainview Public Schools received a permit for a new roof, which has a value of $314,000.
The month of June surpassed all but one previous June in the past six years in terms of the cash value of permits. In 2011, the city recorded permits with a cash value of more than $14 million.
Building permits value of construction for 2014
Jan — $1,887,708.11
Feb. — $1,979,067
March — $7,686,102
April — $15,477,945
May — $10,837,344
June — $11,582,956