Construction and renovations of apartments and multi family housing across Florida and Georgia, continue to be lucrative investments.
Orlando’s Multifamily Industry
Orlando’s boost in population continues, fueled by the accelerated job growth, well paying employment, and we can’t forget the area’s infamous tourist attraction. Creates the perfect environment for developers and investors. In the summer of 2019, the demand for multifamily housing continued to outpace supply.
Miami’s Multifamily Industry
A quickly growing population combined with a healthy economy continues to strengthen the multifamily industry. “ Metro Miami added 52,300 jobs in 2018, with leisure and hospitality—a local staple—continuing to drive growth. The state’s tourism marketing agency reported an all-time record for visitors last year, with 126.1 million out-of-state tourists. This, coupled with strong in-migration, has maintained Miami as one of the most traffic-congested cities in the country, according to research by traffic data firm INRIX,” Multi-Housing News.
Tampa’s Multifamily Industry
Employment gains and continuously growing population has outpaced multifamily housing demand in 2019. Businesses and residents are attracted to the award winning beaches and the high quality of life. The Tampa area continues to be a very desirable place to live, as well as affordable.
Jacksonville’s Multifamily Industry
“Strong multifamily fundamentals are drawing investors and developers to Jacksonville, with the metro ranking among the nation’s top major markets for rent growth. New apartments are being absorbed at a rapid pace, indicating that supply has yet to catch up with the growing demand,” according to the Multi-Housing News.
With any construction and renovation of any multi-family housing, partnering with a full service construction group makes all the difference. Today’s multi-family housing and apartment construction projects have a distinct set of challenges and innovations that require specialized knowledge and dedication.
SWET Construction Group is an industry leader in the construction and renovation of multi-family housing, apartments, condominiums and commercial building throughout the Southeastern United States. We take pride in our professionalism and innovative approach, we are known for our quick turn around on projects and being cost efficient.
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.