Necessities of the Next Development Boom
05/11/11
Changes in renter demographics, pent-up apartment demand and an improving economy have experts predicting and preparing for a major period of development, perhaps akin to the suburban apartment boom of 1969 to 1973, when monthly multifamily startups hit the 1 million mark. The next boom, however, will involve more planning than its suburban and inefficient ancestor. The 84 million Echo Boomers, 3 million of whom are graduating from college each year, are looking for hip and affordable spaces where the action is…
Read Publication