Between 2000 and 2016, developers spent more than $10 billion on apartment construction in more than half of the country's largest cities.
According to a new report by Apartment List, developers spent a total of $27.6 billion between 2000 and 2016 to construct new apartments in the city of Dallas.
That total puts Dallas third on the list for the value of apartment building in that time, behind New York City ($64.9 billion) and Los Angeles ($28.4 billion).
Another key finding, quoted directly from the report: "The share of new residential spending going to multifamily construction has increased in all of the 25 largest metros, in some cases drastically."
For more recent data on housing construction, Laura Kusisto reports on new data from the U.S. Department of Commerce (paywall) finding that single-family construction slowed in March, while multi-family picked up the pace.
FULL STORY: Developers spent more than $27 billion on D-FW apartments
Vacant Lot Development Could Bring 100,000 New Housing Units to Dallas
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It's unclear if or when the supply of entry level rental housing options will catch up with the demand, but some cities are building quickly.
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Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Meet NYC’s New Office of Livable Streets
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Transit Riders Face the Highest Safety Risks in These 10 States
According to federal data, the average number of safety incidents on public transportation averaged 55.2 per 100,000 people across all states between 2010 and 2023. Which states came in well above the national average?
How California Transit Agencies are Addressing Rider Harassment
Safety and harassment are commonly cited reasons passengers, particularly women and girls, avoid public transit.
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Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
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ULI Northwest Arkansas
Town of Zionsville
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