New-home permits double in fiscal year
By Parker Leavitt – Jul. 14, 2012 07:31 AM
The Arizona Republic | azcentral.com
Gilbert issued twice as many new-home construction permits in fiscal 2012 than in the previous year, providing more evidence that strong residential growth has returned to the town after a lull during the recession.
For more than a year, Gilbert has outpaced any other Valley community in new-home building, and the trend grew stronger as the town entered a new fiscal year July 1.
Gilbert issued 2,323 single-family permits during fiscal 2012 after issuing 1,138 the year before, according to statistics provided by Development Services Director Greg Tilque.
The town also issued 19 multifamily permits in May, the first time that’s happened in a few years.
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