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Non-Residential Development Activity

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 1997 594,946 470,299 14,200 38,580 1,118,025
4th Qtr 1996 183,562 233,400 104,252 53,950 575,164
1st Qtr 1996 464,201 517,384 203,874 32,535 1,217,994

Valuation

Retail Office Industrial Public Total
1st Qtr 1997 $16,837,531 $16,937,400 $129,400 $3,190,946 $37,095,277
4th Qtr 1996 $8,198,475 $4,604,000 $7,175,999 $3,938,537 $23,917,011
1st Qtr 1996 $29,110,359 $31,408,902 $49,620,000 $2,405,200 $112,544,461

Value Per Square Foot

Retail Office Industrial Public Total
1st Qtr 1997 $28 $36 $9 $83 $33
4th Qtr 1996 $45 $20 $69 $73 $42
1st Qtr 1996 $63 $61 $243 $74 $92

Percent Change

Square Footage Valuation Value Per Square Foot
Quarter Year Quarter YearQuarter Year
Retail 224.1% 28.2% 105.4% -42.2% -36.6% -54.9%
Office 101.5% -9.1% 267.9% -46.1% 82.6% -40.7%
Industrial -86.4% -93.0% -98.2% -99.7% -86.8% -96.3%
Public -28.5% 18.6% -19.0% 32.7% 98.9% 11.9%
Total 94.4% -8.2% 55.1% -67.0% -20.2% -64.1%


Return to First Quarter 1997 Table of Contents
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