Tag: multifamily construction
While multifamily housing starts in 2018 came very close to the sector’s 2015 peak, production levels are expected to moderate somewhat in 2019 and will stabilize in a range that that is considered normal, according to the National Association of Home Builders.
Dresdner Robin completed site and landscape design, permitting and construction administration services on Jersey City’s newest luxury apartment development, RIVET, developed as part of a public-private partnership (P3).
Ware Malcomb announced that construction is complete on a five-story, transit-oriented senior living apartment complex in Denver for which it provided civil engineering services.
Housing starts for October came in 3.2 percent below expectations at 1,228,000, a 2.9 percent drop from October of last year.
Housing starts for July came in at 1,168,000, 7.3% below the consensus of 1,260,000 and only 0.9% above last month's number of 1,158,000, which was revised down by 15,000 units. This is the worst two month stretch for starts since April/May of last year.
During the first half of 2018, five of the top 10 metropolitan markets for commercial and multifamily construction starts ranked by dollar volume showed increased activity compared to a year ago, according to Dodge Data & Analytics.