Construction, renovation and expansion work on a number of key large-scale commercial projects in Central Minnesota have wrapped up or are winding down, leading to a slowdown in building permit values for the area.
The St Cloud Times reviewed the data compiled in St. Cloud and the metro cities of Sartell, Sauk Rapids, St. Augusta, St. Joseph and Waite Park from the first half of the year. The newspaper reports that the work is valued at $57.6 million — equivalent to about one-third of what was on the books in 2012.
Large scale construction projects that are done or nearing completion include work on university buildings, hospitals and an apartment complex.
St. Augusta is the only city reporting values ahead of last year, attributed to construction of a $3.2 million apartment building that started last month. The only other multimillion-dollar project in the area from the second quarter is the $2.4 million Rejuv Medical Center in Waite Park.