MultiFamily Construction Slows
Author: Diana Heeb Bivona Chicago, Ft. Lauderdale, Las Vegas, and Miami are the markets with the largest pull-back in multifamily construction. However, the amount of pull-back only represents 10% less of the amount underway or originally planned.
Dallas-Ft. Worth has demonstrated the greatest restraint in pushing forward new office projects.
Chicago and Nashville each have seen deferred hotel construction.
McGraw-Hill Companies and Torto Wheaton Research recently launched a new application called TWR/Dodge Pipeline Analytics. It is a new tool that can easily look at the amount of new construction in one market or many markets simultaneously. The data from this new tools has already yielded some interesting new data such as:
Pipeline Analytics is included in the TWR/Dodge Pipeline application located on the Torto Wheaton Research website at www.twr.com.