MINOT, N.D. — The value of building permits saw a significant drop last year in Minot, where more attention was paid to remodeling than to new construction.
The city’s building permit report shows that Minot issued almost $44 million in permits in 2017, down from $71.5 million in 2016.
Pat Bailey serves as manager at Muus Lumber. Bailey tells the Minot Daily News he expects more of the same in 2018. Bailey says the trend may change if the oil economy picks up as some projections say.
Brenda Berntson is assistant manager at Minot Lumber & Hardware. Berntson says remodeling will be the focus this year. She expects housing construction to occur at a modest pace.
Proposed construction on a new medical complex could generate more commercial and residential activity in southwest Minot.
Information from: Minot Daily News, http://www.minotdailynews.com