As the top growth state, the construction of multi family housing in Florida is booming. Making it the perfect time to invest in the industry. Whether it is new construction or renovating an existing property, partnering with the right construction group is essential.
“Florida has been showing signs of growth for a decade,” said Miguel Caminos, U-Haul Company of Orlando president, in a statement. “Central Florida is really booming. I can’t think of any major suburb where there aren’t home developments or new shopping centers being built.”
He continued: “There’s an expectation of comfort for people moving here. They know there are jobs. Plus, there are tons of attractions, and our state is family-friendly. The weather is perfect, and no matter where you live, you’re less than an hour from the beach.”
“I’m not surprised Florida is the No. 1 growth state, even after the hurricanes (in 2019),” added Cal Conner, U-Haul Company of Eastern Florida president. “We’re Floridians – we don’t leave. Our communities stick together. We banded together and U-Haul gave free self-storage to affected residents. Our neighbors are our family.” Click here to read the full report.
It’s Going To Be An Exciting Year For The Multi-Family Housing Industry
The strong growth in populations and jobs is a good indication the occupancy level will remain high. The remains a very good investment with the rental rate growth and high demand for apartment living.
Ensuring your multifamily housing stays ahead of the game, means you need the right construction and design team. SWET Construction Group is built on a foundation of high standards and experience. Our technical knowledge in construction, quality design, planning and operations, is unmatched.
The goal at SWET Construction Group is to maximize the value of multifamily housing investments. Focusing on enhancing the value of your real estate investment. Our leadership team is powered by our proven track record and key industry relationships.