Columbia Construction Industry Recovers, Stokes Supply

3 years 7 months 2 weeks ago November 04, 2013 Nov 4, 2013 Monday, November 04 2013 Monday, November 04, 2013 2:20:00 PM CST in News
By: Nick Thompson, KOMU 8 Reporter
loading

COLUMBIA - The Columbia construction industry is churning out supply at pre-recession levels to meet increased residential and commercial demand.

KOMU 8 News reviewed city construction permit activity Monday and the city is seeing growth across the industry, both in new construction and in renovations or additions to existing property. 

The city has issued as many total permits for residential and commercial construction in a 9-month period this year as it did total in four out of the five preceding years. The department is on pace to issue more permits in 2013 than it did in 2012. 

The Columbia Department of Community Development issued nearly 1,500 building permits from Jan. 1 - Sept. 30. The department is also on pace to issue the most permits since 2007, when it issued nearly 2,000 total residential and commercial permits. In 2006, the department issued more than 4,000 permits. 

Jeff Hemme owns Hemme Construction in Columbia and is building a plot of homes at the end of a street in a south Columbia subdivision.

Hemme said during the recession, realtors had to focus on selling existing inventory and the industry saw less demand for new construction as a result.

"When the economy turned down over the last few years people couldn't buy homes," Hemme said. "Now banks are loosening up to buyers and buyers are starting to buy homes."

Hemme said the industry is making the new inventory available in the market at just the right time. 

"Developers haven't been able to develop a lot of inventory, selling off the old inventory and the new inventory is just starting to get built, so actually there's kind of a shortage," Hemme said. 

Shane Creech is the Building and Site Development Manager for the city and said the city is seeing a large growth in construction permit activity mainly because developers continue to build large student housing complexes. The department has issued 9 permits this year to build 307 units of residential property classified by the city as a multi-family property with five or more units. 

Creech said he is looking to hire an additional building inspector to deal with the bustle in activity. 

"When permits are up it basically adds work for all my staff including my folks who do planning review and my site inspectors who do erosion control and all that," Creech said. "We have seen quite a bit of uptick in the past year."

The city is also issuing more permits for single-family housing. Creech said during the recession, developers had to leave lots in subdivisions open because there was not enough demand to finish them. 

Creech said many builders are putting new homes in pockets of existing subdivisions that are not fully developed. 

Hemme said he was able to stay in business in the thick of the recession and since 2009, his business has doubled it's output each year. He expects 2013 to be his best year yet. 

More News

Grid
List
COLUMBIA – The Strengthening and Conditioning Factory is hosting a fundraiser for the Children’s Miracle Network on Sunday. The... More >>
1 hour ago June 25, 2017 Jun 25, 2017 Sunday, June 25 2017 Sunday, June 25, 2017 6:11:00 AM CDT in News
COLUMBIA - Four people made it out safely of a house on Rosemary Lane in Columbia Saturday morning after a... More >>
11 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 7:41:00 PM CDT in News
COLUMBIA - Columbia Police responded to shots heard at the 800 block of Spencer Avenue on Saturday just before 5:00... More >>
13 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 5:53:00 PM CDT in News
JEFFERSON CITY - Cheerleaders rolled up their sleeves and got dirty while washing cars Saturday as athletes at Capitol City... More >>
15 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:51:00 PM CDT in News
FULTON - A man was taken into custody and charged Friday night after leading authorities on a chase through the... More >>
15 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:51:00 PM CDT in News
COLUMBIA - Members of the Central Missouri Radio Association are inviting mid-Missourians to participate in the National Amateur Radio Field... More >>
15 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:48:00 PM CDT in News
COLUMBIA – Aspen Dental provided veterans with free services in mid-Missouri and across the U.S. Saturday for the Aspen Day... More >>
16 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 2:29:00 PM CDT in News
JEFFERSON CITY, Mo. (AP) — Some GOP state lawmakers want to give the Missouri attorney general authority to prosecute violations... More >>
18 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 1:21:00 PM CDT in News
ST. LOUIS (AP) — A St. Louis judge has pushed back until Jan. 8 the retrial of a man accused... More >>
18 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 12:59:00 PM CDT in News
ST. LOUIS (AP) — St. Louis County police are investigating the case of a toddler who died after the vehicle... More >>
18 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 12:47:00 PM CDT in News
ST. LOUIS (AP) — St. Louis police are searching for a man now accused of killing a couple and another... More >>
18 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 12:42:00 PM CDT in News
CALLAWAY COUNTY - Callaway County Sheriff’s Office deputies responded to an initial 911 call Saturday morning reporting an airplane flying... More >>
19 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 11:43:00 AM CDT in News
JEFFERSON CITY— The Sam B. Cook Healthplex hosted the 5th Annual Sweatin' to Make a Difference on Saturday. The... More >>
19 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 11:40:00 AM CDT in News
COLUMBIA - An early Friday morning shooting has left one man with non-life-threatening injuries. Columbia Police officers responded to... More >>
20 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 10:26:00 AM CDT in News
WASHINGTON (AP) - When the justices take the bench Monday for their final week before a summer hiatus, they are... More >>
23 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 8:18:00 AM CDT in News
BOONVILLE – Residents gathered on Saturday for the 28th Annual Boonville Heritage Days. About 100 members of the community... More >>
1 day ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 4:38:00 AM CDT in News
COLUMBIA - Police are warning residents about a phone scam. The Columbia Police Department said it has received multiple... More >>
1 day ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:52:00 AM CDT in News
COLUMBIA - MUPD officers gave the "all clear" late Friday night after authorities said they did not find an explosive... More >>
1 day ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:01:00 AM CDT in News
Columbia, MO
Broken Clouds 62°
8am 62°
9am 66°
10am 71°
11am 74°

Select a station to view its upcoming schedule:

Coming Up Next

7:00a
KOMU 8 News Today
8:00a
Sunday TODAY with Willie Geist
9:00a
Meet the Press
7:00a
Tomorrow's World
7:30a
In Touch with Dr. Charles Stanley
8:30a
The Key of David

Tonight's Schedule

7:00p
Despicable Me
9:00p
Little Big Shots: Forever Young
6:00p
Road House
8:00p
Marvel's Agents of S.H.I.E.L.D.
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld