NEW CONSTRUCTION PERMITS ISSUED THIS WEEK

I edited the article in this week's Observer Tribune to highlight that ten permits were issued to builders this week for the construction of new homes.  Looks like some spec homes are being built again.  Shows builder's confidence in the near-term prospects for residental real estate.  You can find the entire article in the Thursday, Feb. 26 issue of the Observer...

                                                   PalmCoastObserver page 27

PALM COAST BUSINESS ACTIVITY

PALM COAST PERMITS

The following is an update for permit
activity in the city for Feb. 12-18. Total
number of all permits issued: 138.
Since 2009, $656 million in construc-
tion dollars have been invested in Palm
Coast.

Residential permits issued:

• Encore Contracting was issued a
$349,000 permit for a single-family
residence at 7 Clermont Court.

• Vanacore Construction was issued a
$337,000 permit for a single-family
residence at 3 Undershire Path.

• Saltwater Homes was issued a
$331,000 permit for a single-family
residence at 55 Edward Drive.

• .Seagate Homes was issued a

$306,000 permit for a single-family
residence at 6 Essington Lane.

• Seagate Homes was issued a
$306,000 permit for a single-family
residence at 13 Promenade Place.

• Vanacore Construction was issued a
$294,000 permit for a single-family
residence at 7 Buffalo View Lane.

• Maronda Homes was issued a
$276,000 permit for a single-family
residence at 4 Lark Place.

• Seagate Homes was issued a
$254,000 permit for a single-family
residence at 111 S. Hummingbird
Place.

• Seagate Homes was issued' a
$231,000 permit for a single-family
residence at 117 Pepperdine Drive.
• Seagate Homes was issued a.
$207,000 permit for a single-family
residence at 34 Raintree Circle.

Source: city of Palm Coast