New York, DFW tote most bricks, sticks in U.S.New York, DFW tote most bricks, sticks in U.S.https://www.recenter.tamu.edu/news/newstalk-texas/?Item=120392016-02-09T06:00:00Z2016-02-09T20:00:00Z

​​​​DALLAS-FORT WORTH - New York City and Dallas-Fort Worth were the two fastest growing commercial construction markets in 2015.

In the DFW area,​​ construction of commercial buildings and apartments increased by 35 percent last year from the year before, according to a new report by Dodge Data & Analytics.

DFW ranked third for total building volume with $6 billion in new project starts, behind New York with $34.9 billion in new construction and Miami at $6.3 billion.

Nationwide commercial and apartment building starts rose 8 percent from 2014 levels.

North Texas’ construction totals last year were boosted by the start of the $570 million Facebook data center in North Fort Worth and the $260 million Liberty Mutual Insurance campus in Plano.

On the multifamily building side, the biggest starts were the $170 million Victory Place apartment tower near downtown and the adjacent $150 million Ascent apartment high-rise.
Dallas Morning News
Dallas-Fort Worth-Arlington
http://bizbeatblog.dallasnews.com/2016/02/new-york-d-fw-had-largest-commercial-building-gains-in-2015.html/Read more at the {Source}

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