With the exception of single family home construction, Sherwood experienced an upswing in the amount of construction taking place through the end of May.
According to the Sherwood city building report through the first five months of 2014, commercial building totaled $7.41 million during the first five months of this year compared to $4.1 million during the first five months of 2013 – marking a $3.3 million increase or 80 percent this year.
The majority of the reason for the jump in 2014 is a $5.56 million building that is being constructed at 2201 Wildwood Ave. by the Robins & Morton Group which is in the midst of constructing a commercial building.
The cost of the permit is $9,591.52. Sherwood also saw a jump in May partly from the North Pulaski Church of Christ which is constructing a new $150,000 facility at 6003 Jacksonville Cutoff Road, according to the building permit report.
In addition, Sherwood is experiencing an increase in commercial remodeling through May of this year. According to the building permit report, a total of $885,116 in commercial remodeling has taken place this year compared to $438,679 during the first five months of 2013.
The city has seen a decrease in single family construction through the first five months of this year. Through May, there were 54 permits issued for new houses with a total value of $8.82 million. During the first five months of 2013, there were 58 permits issued with a total value of $9.61 million, marking a decrease in value of $786,123 or an 8-percent decrease.
During the month of May, there were 11 single-family home building permits issued with homes valued at a total of $1.42 million in comparison to nine permits issued in May 2013 for a value of $1.5 million.
Fence construction has seen a slight increase this year compared to 2013, according to the building permit report.
Through May 2014, there were 72 fencing building permits issued at a total value of $198,554 compared to 80 fence building permits issued through the first five months of 2013 with a total value of $180,665 which reflects a $17,888 increase this year over 2013.
Home remodeling has seen a 29 percent increase this year over the first five months of 2013.
According to the report, there was $1.22 million worth of home remodeling done through the first five months of this year compared to $943,453 through May 2013 which reflects an increase of $276,980.
The city saw a decrease this year over last for the number of storage building permits issued. Through May, there were 54 building permits issued compared to 58 permits issued during the same period last year. However, the permits this year had a total value of $132,214 compared to $52,646 last year which reflects an increase in value of 151 percent or $79,568.
In addition, there has been one less swimming pool built this year. Through May, there were three pools built with a total value of $82,954; during the first five months of 2013, there were four pools built with a total value of $120,500.