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The staff of the Tampa Bay Times

Fewer building permits, but bigger projects for Tampa last year

Construction worker Shawn Jackson grinds a piece of metal on the east side of the main terminal at Tampa International Airport near one of the two new outdoor terraces in mid-September. Big projects helped drive the value of all building permits issued during the city of Tampa's last fiscal year to a record $2.4 billion.

JAMES BORCHUCK | Times

Construction worker Shawn Jackson grinds a piece of metal on the east side of the main terminal at Tampa International Airport near one of the two new outdoor terraces in mid-September. Big projects helped drive the value of all building permits issued during the city of Tampa's last fiscal year to a record $2.4 billion.

9

October

Tampa has just wrapped up another record-breaking year for building permits, but not in every category.

For the fiscal year that ended Sept. 30, the city issued a total of 23,161 building permits, 16,855 for residential construction and 6,306 for commercial projects. That's nearly a third fewer than the total for the 2014-15 fiscal year.

But the total value of all those projects grew by 20 percent: more than $2.4 billion last year compared to just over $2 billion the year before. And each of the last two years beat the city's previous record of $1.8 billion worth of permits issued in 2007 before the real estate crash and Great Recession.

Mayor Bob Buckhorn, who spent the early part of his first term retooling the city's development regulations and permitting offices, welcomed the number as a a sign the local economy is strong and growing.

"I’ll say it again," he said in a statement released with the statistics. "This city has its swagger back."

 

 

[Last modified: Friday, October 9, 2015 9:13am]

    

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