During the month of August, the City of Van Buren issued building permits that totaled $14.198 million in valuations.
Included was the $13.5 million project to construct Oliver Springs Elementary School at 505 Northridge Drive.
Oliver Springs Elementary will house about 450 students and include more parking than other schools in the district. The 60,000-square-foot school will be two-story on the 21-acre site north of Interstate 40.
Classrooms will be located on both the first and second floors. Classrooms will be on one end of the building with offices, cafeteria and gymnasium on the other end, he said.
The Arkansas Facilities Division approved $5.3 million in state funding to help construct the school.
Superintendent Dr. Harold Jeffcoat has said Nabholz Construction Inc. still believes it can have the school ready for students in August 2019.
“There is a lot of rock on the site which required additional study,” Jeffcoat said. “There is a watershed problem with a pond which we are still working with and Nabholz had to do an archaeological study.”
He told the board the school’s opening date remains scheduled for August 2019.
Oliver Springs Elementary was enough to boost Van Buren by 340.93 percent when compared to August 2017’s $3.22 million. It also moved the needle significantly year-to-date as the region’s second largest city climbed to $30.958 million, a gain of 132.19 percent from last year’s $13.333 million.
Permits were issued to Tim Mays Homebuilder Inc. for a $188,000 residence at 2354 Highland Ave. and to Harold Hamm Construction Inc. for a $125,000 residence at 501 Skyline Drive.
August permits generated $5,209.32 in fees for the city.
Over the past six years, permits were valued at $19.665 million in 2017, $15.327 million in 2016, $16.009 million in 2015, $7.918 million in 2014, $8.283 million in 2013 and $8.609 million in 2012.