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Commercial and Industrial Building Permits <br />Table xx shows that since 2008, there have been building permits <br />issued for approximately $32,868,591 of commercial and industrial <br />development in the City of Hugo. Significant development has <br />occurred in the Bald Eagle Industrial Park, with continued development <br />in the commercial retail portions of Victor Gardens. <br />Table 2-5 Valuation of New Commercial and Industrial <br />Building Permits <br />2008 <br />9 <br />$ 4,211,000 <br />2009 <br />9 <br />$ 1,995,000 <br />2010 <br />5 <br />$ 978,000 <br />2011 <br />7 <br />$ 628,000 <br />2012 <br />9 <br />$ 10,318,456 <br />2013 <br />8 <br />$ 5,051,348 <br />2014 <br />4 <br />$ 993,187 <br />2015 <br />4 <br />$ 325,000 <br />2016 <br />6 <br />$ 4,029,600 <br />2017 <br />6 <br />$ 4,339,000 <br />�rr r <br />2040 COMPREHENSIVE PLAN UPDATE <br />$12,000,000 <br />$10,000,000 <br />$8,000,000 <br />$6,000,000 <br />$4,000,000 <br />$2,000,000 <br />Figure 2-13 <br />Total Valuation of Commercial and Industrial Permits <br />2008-2016 <br />In <br />2013 2014 2015 2016 <br />Source: City of Hugo <br />COMMUNITY BACKGROUND 26 <br />In <br />■ <br />2008 <br />2009 <br />2010 <br />2011 <br />2012 <br />In <br />2013 2014 2015 2016 <br />Source: City of Hugo <br />COMMUNITY BACKGROUND 26 <br />