The value of new construction projects started in Evanston in November fell to $10.3 million after increasing to $14.9 million in October. Overall, a city report shows construction work is down 24 percent for the fiscal year that started in March compared to the same period a year earlier.
The value of new construction projects started in Evanston in November fell to $10.3 million after increasing to $14.9 million in October. Overall, a city report shows construction work is down 24 percent for the fiscal year that started in March compared to the same period a year earlier.
The city gets nearly five percent of its general fund revenue from building permit fees. The fees last fiscal year topped $4 million, and Community Development Director James Wolinski has forecast about the same amount for this year.
But despite an increase in fees for multi-million dollar projects, fee revenue for the fiscal year is running 11 percent below the same period last year. For the calendar years, the fees are off over 17 percent.
The 2005 numbers were helped by the start of construction on the Sherman Plaza complex in March. This year the biggest single project has been work on the Three Crowns retirement community, which started in July.
For the calendar year so far, new multi-family projects account for 33 percent of the total value of construction work. Rehab of existing residential buildings adds another 28 percent and work on existing business structures totals 13 percent.
Schools account for 7 percent and construction of new single family homes represents 5 percent.
The remaining 14 percent is split into several categories, from condo conversions to new garages.
There’s been no construction of new industrial buildings in Evanston this year and hardly any work on existing industrial buildings, as industry continues to decline as a source of business activity in the community.