Jonesboro continues to see building permit boom

Jonesboro continues to see building permit boom

JONESBORO, AR (KAIT) - If you think there's a new building going up  in Jonesboro every time you turn around, you're not far off.

All across the city, businesses and homes are being built and all that construction can't start without a permit.

The new buildings pop up almost as quickly as the 'for sale' signs do. Jonesboro continues to grow and building permits issued through the city prove just that.

Jonesboro Mayor Harold Perrin told Region 8 News that in the third quarter of last year, just a three month span, the city issued permits for projects totaling $52 million.

"In '14, it went to $54 million. So, we had a $2 million swing in total," Mayor Perrin said.

Over 70% of those permits were for commercial projects. Driving through booming areas of town like Highway 49 North indicate it won't slow down anytime soon.

"You don't see a lot of activity and then it fall, we've seen a steady incline and we've been seeing that for the past 20 years," Gary Harpole said.

Gary Harpole with Halsey Thrasher Harpole LLC said business interest in Jonesboro has increased greatly over the past few years, especially with big, national retailers.

"Some of those retailers that currently have just thought maybe the market was a little too small, and now they're beginning to realize that again, we perform bigger than our population," Harpole said.

While that means more restaurants, gas stations and shopping venues for people in Jonesboro and Northeast Arkansas, for the city, it means added revenue.

Mayor Perrin said last year the city collected over $387 thousand in revenue from building permits alone.

This year, with two and a half months left in the year, the city has already collected $383 thousand. Perrin said he estimates the numbers to go even higher.

"We anticipate that will come in at $425 thousand. So we've went from $387 to $425 thousand, which again, is about 40 something thousand dollars more in just revenue the city just tied to building permits," Perrin said.

While 49 North is experiencing the most noticeable growth right now, Perrin and Harpole expect the area along Highway 49 on the southwest side of town to start growing next.

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