The latest data from Dallas-based Axiometrics shows that multifamily permits were on the rise in October in almost all major metros in the United States, but the biggest gains were felt in smaller cities like Charlotte, N.C. and Jacksonville, Fla.
Multifamily permits were up 20.3 percent to 349,000 in September, the highest level since July 2008.
By using social media as a tool to leverage “crowdsourced placemaking,” Renaissance Downtowns overcame an initial two-story height restriction with a concept plan that now includes a seven- to nine-story boutique hotel, a town square piazza, and 3,500 apartment units, all by resident request.
Austin, Texas, apartment market attracts investors with a long-term outlook.