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Non-Residential Development ActivityGrowth Watch
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| Permitted Square Footage: The amount of non-residential
square footage permitted during the quarter.
Valuation: The cost of materials and labor involved in the construction of a structure. Value per Square Foot: The valuation of building permits per square foot. Percent Change: Change from previous quarter or year. Non-residential construction within the City of Austin's permitting jurisdiction must obtain building permits from the city. Miscellaneous permits which do not fall into one of the four major groups are not included. Valuation is calculated by the City of Austin. |
| Permitted Square Footage | |||||
| Retail | Office | Industrial | Public | Total | |
| 1st Qtr 1996 | 464,201 | 517,384 | 203,874 | 32,535 | 1,217,994 |
| 4th Qtr 1995 | 224,056 | 456,013 | 343,666 | 163,044 | 1,186,779 |
| 1th Qtr 1995 | 249,500 | 307,909 | 74,699 | 136,548 | 795,656 |
| Valuation | |||||
| Retail | Office | Industrial | Public | Total | |
| 1st Qtr 1996 | $29,110,359 | $31,408,902 | $49,620,000 | $2,405,200 | $112,544,461 |
| 4th Qtr 1995 | $9,875,000 | $22,056,011 | $5,639,600 | $9,380,001 | $46,950,612 |
| 1st Qtr 1995 | $5,988,350 | $8,666,000 | $4,221,997 | $5,985,500 | $24,861,847 |
| Value Per Square Foot | |||||
| Retail | Office | Industrial | Public | Total | |
| 1st Qtr 1996 | $63 | $61 | $243 | $74 | $92 |
| 4th Qtr 1995 | $44 | $48 | $16 | $58 | $40 |
| 1st Qtr 1995 | $24 | $28 | $57 | $37 | $31 |
| Percent Change | ||||||
| Square Footage | Valuation | Value Per Square Foot | ||||
| Quarter | Year | Quarter | Year | Quarter | Year | |
| Retail | 107% | 86% | 195% | 386% | 42% | 161% |
| Office | 13% | 68% | 42% | 262% | 26% | 116% |
| Industrial | -41% | 173% | 780% | 1075% | 1383% | 331% |
| Public | -80% | -80% | -74% | -60% | 28% | 102% |
| Total | 3% | 53% | 140% | 353% | 134 | 196% |
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