Remodeling Your Home in WPB Just Got Cheaper!
Mayor Muoio Announces Drop In Building Fees
July 2, 2014
(West Palm Beach, FL) – The cost to redo your bathroom, add an addition to your home, or build a $200 million dollar office tower just got a lot cheaper in the city of West Palm Beach.
West Palm Beach Mayor Jeri Muoio, during her regular weekly media briefing Wednesday announced the city will be dropping all building permit fees throughout the city by 20 percent.
“Anyone looking to remodel their home, add an addition to their property, re-wire their house, or do any work that requires a permit will now pay significantly less than they did before,” said West Palm Beach Mayor Jeri Muoio. “Of course, the largest reductions will be felt by anyone building significant projects like new office buildings, condos or other developments.”
The reduction is the result of the current building boom going on in the city, leading to an almost never-before seen amount of new construction going on across the city.
This week the city reached the benchmark of $250 million dollars in construction value in just one year. This doesn’t mean the city has collected $250 million in fees. Rather it means that the value of the properties being build across the city is worth $250 million dollars.
In 2009, the recession and resulting drop in construction activities forced the city to increase fees in order to be able to cover the costs of maintaining a functioning building department. But part of the agreement said if the city ever reached $250 million dollars in construction value in any single year, the fees would be reduced.
“It would be hard to find anyone who thought we would see as much construction in our city as is currently under way,”said Muoio. “If ever you needed proof that West Palm Beach has some of the hottest real estate in Florida, this is it.”