While there are new multi-family housing across the Southeastern United States, the industry isn’t overwhelmed. The population is growing quickly, markets in many big cities are not overbuilt and there is a need for new apartments. In most cases, the number of multi-family housing units completed within the last few years is much lower than first anticipated.
Top Multi-Family housing Markets in the United States
Miami, Florida: While you can’t drive in downtown Miami without seeing towering building cranes. “Miami—the busiest market in the U.S. for the planned development of multifamily housing. Immigration has kept the population of Miami growing, and that has kept developers busy planning new projects,” National Real Estate Investor.
The population in this sun filled, beautiful city is quickly growing and will keep developers busy for decades.
Jacksonville, Florida: One of the hottest markets for new developments. A booming economy, job growth, and low cost, has made it one of the top locations for multifamily housing projects.
Charlotte, North Carolina: According to National Real Estate Investor, Charlotte-Concord-Gastonia metro area tied for number three for top markets for new construction, tying with Seattle.
Orlando, Florida: Central Florida has seen a huge influx of new residents in the area. With new theme parks, and development of school campuses, convention centers, and major hospitals, new luxury hotels and apartments will need to be built to keep up with the demand.
SWET Construction Group
With over 66 years of combined experience and over 42,000 completed units, you can feel confident SWET Construction Group. Our experienced team, advanced knowledge of construction, high quality products, on-site management, turn-key solutions and precise estimation, will deliver the results you’re looking for on budget and on time.
Contact SWET Construction Group for your next project.
Thanksgiving is a time of festive spirit, mouth watering meals and renewing ties with family and friends. It’s a great time to take a break from the hustle and bustle of life and reflect on what we’re thankful for
The family at SWET Construction Group would like to take this opportunity to thank all of our friends and clients for their support!