-January 7,2023-
Visalia building permits had a mixed year but overall the value of all permits climbed 25%. New home permits fell in the second half of the year as mortgage rates
shot up but multi family permits surged.
New single-family home numbers totaled 560 vs 636 for all of 2021. Multi-family units in 2022 numbered 691 vs 204 for 2021, the busiest year ever. New commercial projects dropped in number from 66 in 2021 to to 38 in 220 but their value climbed 32% to $139,595 million. The jump was largely due to two large industrial projects that added up to over $100 million.The largest was a January 2022 permit for the new Ace Hardware service center about ready to open in 2023.
The total value all permits was $565 million in 2022 compared to $453 million in 2021.
Edeniq adding new testing lab, adding employees
Ethanol company Edeniq who helps corn ethanol makers get more out of their production does analytical chemistry work in Visalia Industrial Park at 6910 W Pershing where they employ 21 scientists, tech staff and administration. Now the company wants to add a second facility at 1141 N Nevada Ave where they will build a new lab employing 10 to start and 20 long term says their operational statement. The new lab will be just under 12,000sf.