Lydia DePillis describes the "apartment iceberg" coming to Washington D.C. in 2013 that has developers on edge, and tenants salivating.
D.C.'s exceptional growth over the past decade has left the city, and those seeking to live there, in a bit of a pickle, as the supply of housing has struggled to keep up with increased demand, raising rents throughout the city. Relief, however, may be in sight.
As Amanda Erickson notes in The Atlantic Cities, with 4,500 building permits issued for new units in 2011, more than prior four years combined, a wave of new housing stock will hit the city next year.
While renters might be salivating, developers, such as Tom Bozzuto, are less than enthused.
"We have too many units coming to be absorbed all at once without extraordinary concessions in the marketplace," Bozzuto went on. "You better believe that it's going to be a challenge."
FULL STORY: The Apartment Iceberg Cometh

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.

San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.

Amtrak Rolls Out New Orleans to Alabama “Mardi Gras” Train
The new service will operate morning and evening departures between Mobile and New Orleans.

The Subversive Car-Free Guide to Trump's Great American Road Trip
Car-free ways to access Chicagoland’s best tourist attractions.

San Antonio and Austin are Fusing Into one Massive Megaregion
The region spanning the two central Texas cities is growing fast, posing challenges for local infrastructure and water supplies.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Heyer Gruel & Associates PA
JM Goldson LLC
Custer County Colorado
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont