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FORT WAYNE, Ind. (WFFT)- There are still some days left in December but for the Allen County Board of Commissioners they're going to be ending the year with a bang already hitting one billion dollars in permits for the second time.
It took a while to get to this point but to hit this mark back to back is something they're all happy about.
"What it said is we've got some sustained momentum in this community in terms of residential and commercial development," Allen County Commissioner Nelson Peters said.
The number of commercial and residential permits issued so far this year in total is 25,320 compared with the 26,185 during all of last year, which was the first time Allen County reached this milestone of One Billion dollars in construction investment.
"As commercial continue to grow in this community, it will continue to push the residential. We will see, I believe, bigger and better things in the 2019 time frame," Peters added.
There were 5 major residential projects in 2018 reaching just over $428 million in value, and 4 major commercial projects in 2018 reaching over $586 million.
With business booming like this it's going to keep developers very busy through the holidays.
"We already have demand that's exceeding what we had going to into 2018 going into 2019, so I don't see anything slowing down any time soon," Harrison Heller, Vice President of Heller Homes said.
However, Heller has one suggestion to make it a lot easier.
"I think a lot of what will help continue a lot of this growth both in the residential and commercial side is a continuation of the push for a lot of the workers in the trades communities, getting young kids into those environments so we can sustain a lot of this growth."
- Another billion dollar year for Allen County construction
- East Allen County Schools hiring
- Allen County Fair begins Tuesday
- Allen County Judge Levine retiring
- Allen County sees big STI increase
- Fire damages house in northwest Allen County
- Car pulled from pond in Allen County
- Allen County monitoring water levels for residents
- East Allen County Schools focus on safety
- New Allen County judge sworn in Tuesday