TOLEDO, OH (Toledo News Now) - It is another indicator of the local economy making a recovery, as building permit applications are increasing in the city of Toledo.
Figures provided by the city show a 56 percent increase in plan review applications, with 242 permits this year, compared to 136 during the same time frame in 2011. That represents $22.5 million worth of work.
On the residential side, there is an 8 percent increase, with 104 permit applications this year, compared to 96 during the same time frame last year. That represents $2.4 million worth of work.
"That means more people are pulling more permits in the commercial area. That reflects people are going back to work, companies wanting to expand and upgrade their facilities," said Councilman George Sarantou.
So far this year, Toledo's income tax revenues have been up around 10 percent. Sarantou hopes both trends continue throughout the year.