Posted Feb 24, 2016, 8:19 PM
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Join Date: Sep 2011
Location: Dallas
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Dallas leads the state with over 4,600 downtown area apartments being built
Steve Brown
February 24, 2016
Quote:
That’s more than is being built in the downtown areas of Houston or Austin, according to a new report by commercial real estate firm CBRE.
About 1,900 of the new apartments are going up in downtown Dallas and another 2,700 apartments are going up in the adjoining Uptown district, according to CBRE.
“Sixty-five percent of the Uptown/Downtown construction pipeline consists of high-rise or high-rise conversion projects,” the CBRE report says. “Dallas has yet to be a high-rise market, but by 2019, Dallas will boast a much different skyline.”
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