Big-D booms with downtown multifamily developmentBig-D booms with downtown multifamily developmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=126322016-03-29T05:00:00Z2016-03-29T19:50:00Z

​​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.
Dallas-Fort Worth-Arlington

​Click to see ​CBRE's DFW Multifamily Marketview 4Q 2015 (PDF)​.​

Read more at {Source}

 Search NewsTalk Texas