Like many Northern Colorado communities, 2022 was a record year for Greeley permit activity in the number of permits issued and in total valuation.
The below graph shares permit velocity data from 2017 to 2022. Multi-Family units in 2022 were up 184% over 2021, with 1,737 units permitted (shown in red). Commercial remained strong, up 142% from 2021 (shown in green). Single-family permits remained steady, with 333, up 10% over 2021 (shown in blue).
Another important lens to consider is total valuation. Again, 2022 showed excellent growth, with single-family up 12%, multi-family up 151%, and commercial holding steady at 82% of 2021 values. These numbers represent a continued full recovery from 2020. Greeley’s pipeline of projects remains strong, and 2023 is already off to a great start.
Are you looking for even more proof of Greeley’s growth and success? The below chart shares a look back at single-family, multi-family, and commercial permits over the past five years. The data shows a clear bounce back after COVID-19 and a tough economy.
| YDT 2022 | YTD 2021 | YTD 2020 | YTD 2019 | YTD 2018 | ||
| Single-Family | Permits Units Valuation |
333 333 $103,257,384 |
303 303 $91,785,966 |
66 66 $16,953,102 |
170 170 $42,927,644 |
338 338 $79,816,404 |
| Multi-Family | Permits Units Valuation |
117 1,737 $263,334,270 |
252 612 $104,820,118 |
47 206 $22,901,751 |
47 697 $90,911,971 |
73 199 $33,169,389 |
| Commercial | Permits Valuation |
63 $122,296,656 |
26 $149,587,534 |
17 $10,467,742 |
52 $49,477,556 |
25 $50,891,824 |