ANKENY, Iowa (Jan. 15, 2015) – The City of Ankeny’s latest building reports show new record highs were set in Ankeny for new residential and commercial construction and permit totals in 2014. In terms of total construction valuation, Ankeny surpassed $300 million for the first time in its history with a record high of more than $318 million in 2014. The previous record high of $284 million was set in 2012. Further review of the $318 million total construction valuation shows the following breakdown:
·In 2014, a record high was set in total commercial valuation in Ankeny with $106.5 million. 2012 was the second highest year with $100 million.
·In 2014, a record high was set in total residential valuation in Ankeny with $205.5 million. 2013 was the second highest year with $191 million.
·The remaining amount of the $318 million (approximately $6 million) comes from other additions, alterations and miscellaneous permits issued by the City.
When totaling the number of permits issued by the City, 2014 came in as Ankeny’s second highest year with 2,237 permits. The highest number was 2,240 permits, which was set in 2005.
When reviewing the number of new residential units by year, 2014 is Ankeny’s third highest year with 1,089 units. The highest number was set in 2005 with 1,347 units, followed by 2004 with 1,098 units.
“The record-breaking numbers reflect the incredible amount of private investment that is occurring in our community,” said David Jones, Ankeny’s City Manager. “Current and past City leaders, developers, local businesses, residents and City staff are the ones to thank for the ongoing success we continue to have in this area. Ankeny has seen many years of solid growth, and we continue to see considerable development activity. It is no surprise that Ankeny leads in residential development, but there also is strengthening development interest and activity across other sectors, which bodes well for Ankeny’s future from a balanced development perspective.
Ankeny is a great place to live and work, and the numbers show it.” While there were a number of new businesses and neighborhoods that were built in Ankeny, some of the more notable construction projects that occurred in 2014 included additions to John Deere Des Moines Works and Casey’s General Stores. Construction also occurred on a new Sam’s Club, BioLife Plasma, Car-X Auto Service and Ankeny’s tenth elementary school – Rock Creek Elementary.