Fewer building applications filed in Aspen

Aspen Times

Published August 19, 2008 at 9:42 p.m.

Text size

More More Business

Development in Aspen has fallen by 21 percent this year compared with 2007, a city official said Monday.

Building permit applications issued for the year since Aug. 18, 2007, equate to $122 million worth of activity compared with $148 million at this time in 2007. That's a little more than $816,000 a day in development applications, compared with about $988,000 in 2007, according to Johannah Richards, administrative manager in the city's community development department.

So far, there have been 129 commercial and 301 residential applications filed. Last year, there were 162 commercial and 377 residential applications, Richards said.

Revenue for the city department is down 27 percent as a result, she added.

Those numbers represent a nominal slowdown and resemble building activity experienced in 2005 and 2006, officials said. It's unknown whether there will be a surge in development applications toward the end of the year like there was in 2007, officials recognized.

"We're trending down precipitously," said City Councilman Dwayne Romero.

Subscribe to the Rocky Mountain News