Page 91 - Southlake FY23 Budget

CITY PROFILE

hiStoriCal Permit aCtiVity

RESIDENTIAL PERMITS COMMERCIAL PERMITS
800

700
152

600

172
500
PERMITS 45

BUILDING (NEW CONSTRUCTION) 400

602
300
29 27
44 30
441 42
200 391 14 20
20 31 16 21
267 23 242 20 14 272 23
100 180 167 10 188 197 223 25 20
128 159 145 135 17 14 90 105 160 127 10 13
55 52 85 79 74 70
0
1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
(THROUGH Q3)
SourCe: Southlake Planning & DeVeloPment SerViCeS FISCAL YEAR

Historical permit activity shows the history of residential and commercial building permits for new construction
issued since 1998. Years where the City experienced heavier periods of growth demonstrate a greater number of
permits issued. Though growth slowed during the “Great Recession,” development activity had been on the rise
since 2009. However, now that Southlake reaches closer to build out, we expect to continue to see the number
of new construction permits continue to decline. This chart does not include permits filed for renovations or
redevelopment.

No. Commercial No. Commercial
Fiscal Year No. Residential Permits Fiscal Year No. Residential Permits
Permits Permits
1998 602 152 2011 90 10
1999 441 172 2012 105 14
2000 391 45 2013 188 20
2001 267 29 2014 197 42
2002 180 14 2015 272 27
2003 128 23 2016 223 30
2004 167 20 2017 160 21
2005 242 44 2018 127 23
2006 159 31 2019 85 25
2007 145 20 2020 79 20
2008 135 16 2021 74 10
2009 55 17 2022 (through Q3) 70 13
2010 52 14
w

90 FY 2023 City of Southlake | BUDGET BOOK
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