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12/03/2012
<br />Construction Activity
<br />Provided below are the building permits and valuations for the City and the County for
<br />calendar years 2007 through 2011.
<br />CITY OF REDWOOD CITY
<br />Total Building Permit Valuations
<br />(Valuations in Thousands)
<br />Source: Construction Industry Research Board, Building Permit Summary.
<br />Permit Valuation
<br />New Single-family
<br />New Multi -family
<br />Res. Alterations/Additions
<br />Total Residential
<br />New Commercial
<br />New Industrial
<br />New Other
<br />Com- Alterations/Additions
<br />Total Nonresidential
<br />New Dwelling Units
<br />Single Family=
<br />Multiple Family
<br />TOTAL
<br />SAN 1viATEO COUNTY
<br />Total Building Permit Valuations
<br />(Valuations in Thousands)
<br />2007
<br />2007
<br />2008
<br />2009
<br />2010
<br />2011
<br />Permit Valuation
<br />$147,515.5
<br />$189,296.6
<br />5194,950.0
<br />67,181.1
<br />122,424.2
<br />New Single-family
<br />$ 9,615.3
<br />$ 6,051.1
<br />$ 9,249.1
<br />$10,002.2
<br />$ 9,184.5
<br />New Multi -family
<br />0.0
<br />0.0
<br />14,135.0
<br />3,359.4
<br />13,094.9
<br />Res. Alterations/ Additions
<br />26,033.9
<br />21,986.0
<br />17,739.0
<br />19,047.3
<br />21,794.1
<br />Total Residential
<br />35,649.1
<br />28,037.1
<br />41,123.2
<br />32,408.9
<br />44,073.5
<br />New Commercial
<br />980.0
<br />32,468.0
<br />0.0
<br />0.0
<br />0.0
<br />New Industrial
<br />3,600.0
<br />2,200.0
<br />5,000.0
<br />0.0
<br />0.0
<br />New Other
<br />1,416.9
<br />1,31£.2
<br />2,081.0
<br />1,015.1
<br />135.0
<br />Com. Alterations/ Additions
<br />118,838.6
<br />82,204.4
<br />26,760.1
<br />30,631.3
<br />49,043.6
<br />Total Nonresidential
<br />$124,835.5
<br />$118,190.7
<br />$33,841.1
<br />$31,646.3
<br />$49,178.6
<br />New Dwelling Units
<br />Single FamilyY
<br />29
<br />18
<br />40
<br />46
<br />41
<br />Multiple Family
<br />0
<br />0
<br />105
<br />16
<br />70
<br />TOTAL
<br />29
<br />18
<br />145
<br />62
<br />111
<br />Source: Construction Industry Research Board, Building Permit Summary.
<br />Permit Valuation
<br />New Single-family
<br />New Multi -family
<br />Res. Alterations/Additions
<br />Total Residential
<br />New Commercial
<br />New Industrial
<br />New Other
<br />Com- Alterations/Additions
<br />Total Nonresidential
<br />New Dwelling Units
<br />Single Family=
<br />Multiple Family
<br />TOTAL
<br />SAN 1viATEO COUNTY
<br />Total Building Permit Valuations
<br />(Valuations in Thousands)
<br />2007
<br />2008
<br />2009
<br />2010
<br />2011
<br />$316,491.4
<br />$245,433.9
<br />$147,515.5
<br />$189,296.6
<br />5194,950.0
<br />67,181.1
<br />122,424.2
<br />74,329.6
<br />21,309.0
<br />107,039.8
<br />274,263.6
<br />272,177.0
<br />204,482.0
<br />262,592.1
<br />250,364.0
<br />657,936.0
<br />640,035.2
<br />426,327.0
<br />473,197.6
<br />552,353.8
<br />366,581.6
<br />114,968.0
<br />1.7,942.0
<br />62,510.5
<br />25,130.9
<br />29,263.8
<br />2,200.0
<br />5,000.0
<br />0.0
<br />3,359.4
<br />74,829.0
<br />85,470.2
<br />70,410.1
<br />66,274.8
<br />5,513.6
<br />336,069.0
<br />315,260.4
<br />235,373.3
<br />283,752.5
<br />244,088.9
<br />$806,743.4
<br />$517,898.65328,725.5
<br />$412,537.8
<br />$278,092.8
<br />658
<br />312
<br />236
<br />216
<br />213
<br />367
<br />630
<br />393
<br />111
<br />545
<br />1,025
<br />942
<br />629
<br />327
<br />758
<br />Source: Construction Industry Research Board, Building Permit Summary.
<br />Effective Buying Income
<br />"Effective Buying Income" is defined as personal income less personal tax and nontax
<br />payments, a number often referred to as "disposable" or "after-tax" income. Personal income
<br />is the aggregate of wages and salaries, other labor -related income (such as employer
<br />contributions to private pension funds), proprietor's income, rental income (which includes
<br />imputed rental income of owner -occupants of non-farm dwellings), dividends paid. by
<br />corporations, interest income from all sources, and transfer payments (such as pensions and
<br />A-4
<br />57 RESO. # 15237
<br />MUFF # 505
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