The building of new homes in Joplin continues at an average pace of 16 to 18 per month, according to a building permit report released for December by the city of Joplin.
Eighteen building permits for new homes were issued in both November and December. In fiscal year 2013, permits for new homes averaged more than 16 per month.
Approximately 1,245 permits for new homes have been issued since fiscal year 2011, when 441 permits were issued. The high point was in 2012 when 552 permits for new homes were logged. In 2013, 206 permits for new homes were issued.
In November, the first month of Joplin’s fiscal year, 70 permits totaling $3.1 million were issued for a broad range of projects. That brought the total construction value for the permits issued in the 32 months since the May 2011 tornado to $973.9 million.
December’s building permits totaled 100 for both residential and commercial construction, putting Joplin $7.1 million closer to the $1 billion mark in building permits issued since the tornado. That total now stands at $981.1 million after 33 months.
Estimated damage from the tornado totaled $2.8 billion. Insured losses, according to the Missouri Department of Insurance, Financial Institutions & Professional Registration, were slightly more than $2 billion.
The leading category in December was new commercial construction with 17 permits totaling $5.1 million. The new CVS pharmacy at 112 E. 32nd St. tops the list at $2.1 million.
December new home construction with 18 permits totaled $1.8 million. The lowest new home value was $78,000. The highest new home value was $150,000.
Fifty-seven permits for residential repair projects, with a total value of $269,453, were issued.
The number of permits issued since the tornado has been decreasing. In 2011, 4,315 permits were issued. The number fell to 2,640 in 2012 and to 1,276 in 2013.
The $981.1 million is based on permits totaling $177.7 million after the tornado in 2011, permits totaling a record $554.8 million in fiscal 2012, and permits totaling $238.3 million in fiscal 2013. So far in fiscal year 2014, which started in November, permits have totaled $10.3 million.
The city issued eight demolition permits in December.