The Dallas-Fort Worth market leads the nation in multifamily units under construction. Find out which new communities made the list of the market’s biggest projects.
Boosted by a diverse economy, Dallas-Fort Worth is one of the most dynamic multifamily markets in the U.S. Developers have delivered more than 102,000 units since 2014, with another 44,200 units underway, half of which are slated for completion by the end of the year. However, even though by sheer number of apartments underway the metro ranks first in the country, when looking at the numbers by the percentage of the existing stock that new deliveries account for, DFW hasn’t cracked the top five markets in the country, a testament to the market’s—still growing—size.
By July, developers added 10,612 units to the multifamily housing stock, accounting for 1.6 percent of total stock, 40 basis points above the national figure. Using Yardi Matrix data, we’ve compiled a list with the largest communities delivered during the first seven months of the year, grouped by DFW’s main three regions: North Dallas, Fort Worth and Suburban Dallas.
