Multifamily market watchers in Austin looking for a top to the current kaboom of incoming product will have to wait yet another quarter as almost 3,000 units were submitted in 22 new multifamily projects to the City’s Department of Planning and Development Review.
According to City Demographer Ryan Robinson fourth quarter 2014 also saw the approval of 13 projects that include a total of over 1,600 units — these developments are now entitled to begin construction.
Read more...City of Austin multifamily report 4Q 2014 via Real Estate Center at Texas A&M
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