Development continues, building permits decline

By Austin Montgomery, Beloit Daily News – January 6, 2022

 

BELOIT — While economic development continued in Beloit in 2021, construction value generated by building permit applications dipped to near levels last seen in 2017 and 2018. 

 

As of Dec. 30, a total of 1,439 building permits were issued in the city worth a total construction value of $31.1 million. Those figures fall between numbers last seen in 2017 when $22 million in construction value was generated and 2018 when $56 million was realized, per City of Beloit planning data. 

 

In 2020, the city issued 1,217 building permits worth a total construction value of $87.26 million. In 2019, Beloit planning staff issued 1,171 building permits worth a total construction value of $153 million.

 

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