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<br />Building Permits
<br />
<br /> New Single New Total Value
<br /> Family Residential Commercial/Industrial (All Permits)
<br />Year Number Value Number Value
<br />
<br />2021 (to 1-31) 5 $ 1,282,687 0 $ - 0- $13,272,340
<br />2020 116 24,771,221 1 2,098,800 67,780,871
<br />2019 117 29,667,252 5 28,650,994 70,313,307
<br />2018 152 37,723,512 5 7,545,450 66,048,488
<br />2017 113 23,851,938 8 53,925,200 106,982,873
<br />2016 73 15,808,688 4 667,171 51,368,317
<br />2015 74 15,941,551 8 16,299,690 57,694,602
<br />2014 68 13,792,869 7 6,988,939 49,037,206
<br />2013 82 15,182,066 2 4,225,000 38,440,129
<br />2012 36 6,588,264 3 1,936,650 25,585,264
<br />2011 11 2,264,011 0 -0- 20,719,402
<br />
<br />Source: City of Elk River.
<br />
<br /> Recent Development
<br />
<br />Recent development in 2020 has consisted mainly of residential development:
<br />
<br />• Mulvaney Point Townhomes are nearly complete. The development includes four duplex townhomes
<br />and will be rented as market rate units.
<br />
<br />• Infrastructure construction of Riverplace Second Addition, a 40 parcel single-family residential
<br />subdivision on Lake Orono, was completed in 2020 and home construction has begun.
<br />
<br />• The sixth addition of Miske Meadows finished construction during the summer of 2020. The 45-
<br />parcel subdivision was the latest addition to the City’s largest subdivision, which is nearing
<br />completion of the 280+ approved preliminary plat. Most of the lots are under contract with national
<br />builders.
<br />
<br />• The Seventh Addition of Miske Meadows will begin construction this spring. The subdivision
<br />includes 44 single-family lots and finished homes are expected to sell for $350k to $450k.
<br />
<br />• Elk Ridge Estates, a 23-lot single-family subdivision, has been approved and will begin construction
<br />this spring.
<br />
<br />• Prestigious Woodland Hills Fifth Addition has been platted and the 31-lot single-family subdivision
<br />will begin construction this spring.
<br />
<br />• CommonBond Communities started construction of their 60-unit affordable housing project located
<br />in the Elk Ridge Center retail development along Highway 169.
<br />
<br />• Tall Pines Second Addition will begin construction of their 28-unit detached townhome development
<br />later this spring. Two model homes are currently under construction.
<br />
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