03-06-2016, 08:30 PM
(03-06-2016, 06:39 PM)panamaniac Wrote:(03-06-2016, 04:20 PM)jwilliamson Wrote: 1300 units in 2014 down to 58 in 2015 is a huge drop.
As the article states, that's a heck of a lot of apartments for an area this size to absorb.
Also those projects often take more than 12 months to complete, so the number will fluctuate from year to year (for example, 370 of those units in 2014 were for Drewlo's third and fourth buildings on Fallowfield Dr). I think we'll see some new rental apartment projects starting again this year, including new starts by Drewlo.