Buildingthree at the Fort Worth Data Center is taking shape to the left ofbuildings one and two.
DALLAS—Construction in the Dallas-Fort Worth TX metropolitanarea retreated 23% during the first half of 2018 from a year ago, asa 7% increase for multifamily housing was outweighed by a 36% dropfor commercial building, according to Dodge Data & Analytics.For the full year 2017, commercial and multifamily constructionstarts had fallen 12%, which followed very strong increases in 2015(up 60%) and 2016 (up 28%).
“Commercial construction may have seen a decrease in the DFWarea, but we have only seen continued growth in the multifamilysector, specifically in the size of the projects that we'reseeing,” Brian Webster, KWA Construction president, tellsGlobeSt.com. “2017 was KWA's best year on record, and with numeroushigh level projects in the pipeline, we are already on track tosurpass that this year.”
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
