Monday, October 20, 2014

7,000+ New Units Annually in Portland for at Least 2 More Years

The Portland market may be on track to add 7,000 new apartment units each year between 2014 and 2016, and there may be even more than that on the way.

"What we know about and can talk about is around 25,000 units either under construction or planned for the region [through 2016]. There are even more that I can't talk about." -- Jerry Johnson, Johnson Economics Consulting.

Download slideshow - click here. 

Read more in the Portland Business Journal.

Some of those planned units will be the somewhat controversial 200 square-foot microunits that appeal to young renters.