Princeton reports $4 million of commercial development in 2024

City had $1.5 million development on residential side

An aerial view of downtown Princeton on Monday, July 8, 2024. — Michael Zearing, Princeton planning and zoning administrator, said Jan. 6 the city had four new commercial projects constructed in 2024 for a total of $4 million on the commercial side and about five residential units for a total of about $1.5 million on the residential side. (Scott Anderson)

January 19, 2025 at 10:54 pm CST

Michael Zearing, Princeton planning and zoning administrator, said Jan. 6 the city had four new commercial projects constructed in 2024 for a total of $4 million on the commercial side and about five residential units for a total of about $1.5 million on the residential side. Zearing said new construction included a tear down and rebuild at 503 E. Thompson St. and the building of a duplex and a triplex.

City adopts updated codes

The Princeton City Council adopted the 2021 International Building Code, 2021 International Residential Code, 2021 International Property Maintenance Code, 2021 International Existing Building Code, 2021 International Mechanical Code, 2021 NFPA 101 Life Safety Code and 2021 International Fire Code.

Zearing said the city elected to go with the 2021 codes, instead of the 2024, because there would be training more readily available for the 2021 codes.