School Work, Weather-Damage Repair Could Push Building Permit Values To Record Level

FORT SMITH, Ark. (TB&P) — Building activity in Fort Smith got off to a horrible start in 2019. But for good reasons – new school construction – and not so good reasons – tornado and flood damage – the city could post record construction activity in 2019.

Permitted projects set a record of $191.631 million in 2015. The city had $187.678 million in permitted projects in 2018, up from the $169.958 million in 2017.

Fort Smith issued $56.55 million in building permits between January and May, a 34.61% drop – down almost $30 million – from the January through May 2018 amount of $86.483 million. Building permit values in Fort Smith, Greenwood and Van Buren combined for a total of $65.077 million for the first five months of 2019, down more than 37% from the $103.348 million in the same period of 2018.

For more information on how the $30 million deficit could soon be erased, visit our partners at Talk Business & Politics.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.