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/PRNewswire/ Cambridge Development Group begun construction on The Citadel Urban, a $40 million 181-unit apartment community that will be managed by. ....
Top Texas Markets for Multifamily Development Top Texas Markets for Multifamily Development According to Yardi Matrix data, year-to-date deliveries amounted to 6,300 units as of March, with the first two markets accounting for 67 percent of total completions. Apr152021 Texas officials deemed construction as essential during the pandemic, prompting developers to build big albeit at a slower, more cautious pace. And while the health crisis caused a temporary slowdown in deliveries, the Texas multifamily market showed resiliency as no other markets have. According to Yardi Matrix data, some 6,300 units came online year-to-date through March. Deliveries were concentrated in larger markets such as Dallas-Fort Worth and Houston, which accounted for 67 percent of total completions. The list below highlights the top five Texas markets for multifamily deliveries year-to-date through March, using Yardi Matrix data. ....