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Monday, November 4, 2013

Impact of boom in apartment construction to be felt in next couple of years

"Much of the more recent apartment development has occurred along Metro’s Red Line. The top four neighborhoods accounting for the most new apartment units since 2010 are H Street/NoMa, North Bethesda, Gaithersburg and Silver Spring. Since 2010, these four submarkets account for 24 percent of all new apartment deliveries of 100 or more units, at 5,679 units, and account for 22 percent of all current under construction projects with 100 or more units at another 5,416 units."

http://www.washingtonpost.com/business/capitalbusiness/impact-of-boom-in-apartment-construction-to-be-felt-in-next-couple-of-years/2013/11/01/cbd6702e-40da-11e3-a624-41d661b0bb78_story.html

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