Mar 29, 2016
Big-D booms with downtown multifamily development
DALLAS - Multifamily development in Dallas is on the rise, literally, with an increasing number of new apartment high-rises planned and under construction, says a report by CBRE.The shift from...
DALLAS – Multifamily development in Dallas is on the rise, literally, with an increasing number of new apartment high-rises planned and under construction, says a report by CBRE.
The shift from suburban sprawl to downtown living is making its way into the region, as evidenced by the growing downtown development.
More than 4,600 multifamily units are under construction in this popular area of Big D—29 percent of all apartment construction in town.
Moreover, the development pipeline is full of high-rises with 65 percent of the Uptown/Downtown construction pipeline consisting of high-rise or high-rise conversion projects.
Dallas has never been known as a high-rise market, but by 2019, Dallas will boast a much different skyline.
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.