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Construction is taking off in the Southwest market. A new report from Colliers International shows a boost in office construction throughout the market, driven by lower vacancy rates—now at 15.5%— and strong absorption. The report wasn’t the only sign that construction is doing well. This week, there were several new developments started from affordable and senior housing projects to luxury apartment projects and residential communities. Housing continues to dominate the construction activity in the Southwest as well as in the investment sector. Here’s a look at this week’s trends, announcements and deals that you may have missed in Southern California, Utah, Arizona and Nevada.

BY THE NUMBERS

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

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