Live Breaking News & Updates on University In Des Moines

Stay updated with breaking news from University in des moines. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Construction of new apartments slowed in 2020


Construction of new apartments slowed in 2020
The Des Moines area saw just 1,084 added to the market last year, 53% less than the five-year average
Friday, February 19, 2021 6:00 AM
Construction of new apartment units in Greater Des Moines slowed in 2020 as developers paused to assess the pandemic’s effect on material costs and whether there was demand for new multifamily housing.
Just 1,084 new units were added to the market in 2020, 53% below the five-year average of new unit additions, a recent market survey from CBRE|Hubbell Commercial shows. In 2019, 2,317 new units were added in the Greater Des Moines area, according to a past survey. ....

United States , Jerry Slusky , David Gaines , Todd Wuestenberg , Sterling North , Kris Saddoris , Bob Batt , Nelson Construction Development , Points Development , Us Census Bureau , Haverkamp Properties Inc , University In Des Moines , Jones Lange Lasalle Americas Inc , Sb Communities , Haverkamp Properties , Larson Development Parkside Apartments , Greater Des Moines , Hubbell Commercial , Des Moines , Nelson Construction , Connolly Lofts , Larson Development , Parkside Apartments , All Points , Douglas Avenue , West Des Moines ,