Story Courtesy of stlouis-mo.gov
ST. LOUIS – Marking one of the highest increases in construction value from year to year, more than $1 billion worth of total added construction value has been made to neighborhoods and business districts in the City of St. Louis. The City's Building Division issued 4,929 building permits and 15,735 trades permits (mechanical, electrical, and plumbing permits) for residential and commercial construction in fiscal year 2016.
The total construction value from FY16 building permits equaled just more than $700 million dollars, an increase of nearly $75 million dollars over last year. The 12 percent increase represents all types of construction projects, including office rehabs, new lofts, hospital construction, single family and multi-family residential construction, as well as new and rehab commercial construction...
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