BEDFORD, Mass. – With the pandemic slowing construction across the country, Dallas-Fort Worth was still third nationally for commercial and apartment buildings starts in the first half of the year.
According to Dodge Data & Analytics, nearly $3.81 billion of commercial and multifamily construction starts were recorded in the metro so far this year. That’s compared with the over $3.87 billion recorded in the first half of 2019.
Starts in North Texas fell 2 percent over the year, the smallest construction decline among the 20 largest markets surveyed.
Austin-Round Rock ranked ninth with nearly $2.45 billion of construction starts in the first half of 2020. That’s down 12 percent from this time last year.
Houston-The Woodlands-Sugar Land followed the Texas capital, ranking tenth. In the first half of 2020, over $2.42 billion of starts were recorded, down 38 percent from 1H2019.
Only New York City and Washington, D.C., had more building than DFW, recording $11.52 and $4.2 billion of construction starts so far this year, respectively.
Los Angeles ($3.32 billion) and Chicago ($3 billion) rounded out the top five.
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Source: Dallas Morning News