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City of Houston building permits totaled $7.2 billion in the 12 months ending June ’19, up 20.2 percent from $6.0 billion for the comparable period in ’18, according to the latest data released by the city’s Public Works Department. Commercial permit values jumped 34.6 percent to $4.3 billion; residential permit values increased 3.6 percent to $2.9 billion.
The value of building permits in June this year fell well below the level of last year, decreasing 38.7 percent from $632.7 million in ’18 to $387.9 million this year. Commercial permit values slipped 21.6 percent to $259.2 million while residential permit values plummeted 57.4 percent to $128.7 million. Despite this June's lower building permit values, year-to-date building permits for Houston are up 37.2 percent from the same period last year; 71.9 percent for commercial permits and 2.2 percent for residential permits.
Three projects of note that were permitted in June:
Melissa Verhoef, PhD
Patrick Jankowski, CERP
Senior Vice President, Research
City of Houston building permits totaled $387.9 million in June '19