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Regional building department reports surge in apartment permits, $3.7 billion in construction valuation
Summary
At the Feb. 10 El Paso County commissioners meeting, Pikes Peak Regional Building Department reported a 227% increase in apartment permits in 2025 and a total estimated construction valuation of $3.7 billion, driven by late-year multifamily approvals and several large commercial projects.
At the Feb. 10 meeting of the Board of County Commissioners of El Paso County, Greg DeGrando, public information officer for the Pikes Peak Regional Building Department, told commissioners that 2025 saw a sharp rise in multifamily activity that pushed overall construction value higher.
"We had 2,744 new apartment units permitted last year. That is up 227%," DeGrando said, adding that 4,175 apartment units reached a certificate of occupancy in 2025 — a 10% increase over 2024. The department reported 2,811 single‑family home permits for the year, a small decline from 2024, and a total estimated construction valuation of about $3.7 billion, up roughly 8% year over year.
DeGrando said the apartment surge was concentrated in a few months at year‑end when several large projects were…
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