The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
Build Your Legacy with HFO, a member of GREA.
Thursday, June 29, 2017
Portland Ranks #21 out of 50 Metros on Barriers to Apartment Construction Index
The National Multifamily Housing Council and the National Apartment association commissioned a report from Hoyt Advisory Services ranking the 50 metros based on how difficult it is to build new apartment units. Portland ranked #21 on the list, while Seattle ranked #7 and San Francisco #8. Austin fared much better - it ranked #35 out of the 50 metros. The metro area with the highest barriers to apartment construction was Honolulu. The data is compiled on the We Are Apartments website, where users can search for specific states or metro areas to learn more. For Portland, Hoyt predicts that the metro will add 47,000 new households by 2030, but only 33,230 units are likely to be built by that time. Read more.
Labels:
#construction,
#development,
#multifamily,
#oregon,
#Portland
Location: Portland, Ore.
Portland, OR, USA
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Thanks for your comment! It has been sent to the moderator for review.