Volusia County’s building boom shows no sign of wilting. Barring an unforeseen construction slowdown in the second half of the year, residential and commercial permit values again will crack the $1 billion mark for the third year in a row.
Residential and commercial construction project values totaled $334 million in the second quarter, a minor dip from $341 million in the first quarter.
Volusia County Property Appraiser Morgan Gilreath said he does not see a slowdown. “What we may be seeing are the effects of developers holding and not selling lots. We also have situations where builders have full plates.”