Monthly Update: Building Permits

The Partnership sends updates for the most important economic indicators each month. If you would like to opt-in to receive these updates, please click here.

For the latest data, click here.

City of Houston building permits totaled $535.2 million in February ’19, up 32.1 percent from $405.1 million in February ’18, according to the latest data released by the city’s Public Works Department. Commercial permit values increased 66.1 percent to $361.8 million; residential permit values fell 7.4 percent to $173.4 million. 

Two projects of note that were permitted in February:

• Kolter Elementary ($18.0 million permit value), a 2-story, 95,000-square-foot elementary school built by Houston-based Satterfield & Pontikes Construction. The old school was significantly damaged during Hurricane Harvey. Project completion is expected in early ’20. 
• North Houston Logistics Center ($12.5 million permit value), a 351,400-square-foot industrial development project developed by Atlanta-based IDI Logistics. Located in the North Houston submarket, the office/warehouse project has an expected delivery in Q4/19. 

For the 12 months ending February ’19, city building permits totaled $6.5 billion, up 10.1 percent from $5.9 billion for the same period a year ago. Commercial permit values increased 3.6 percent to $3.5 billion while residential permit values rose 19.2 percent to $2.9 billion. 

Patrick Jankowski, CERP
Senior Vice President, Research
713-844-3616
pjankowski@houston.org

Melissa Verhoef, PhD
Analyst, Research
713-844-3653
mverhoef@houston.org