DFW Construction Retreats Due to Large Completions

Building three at the Fort Worth Data Center is taking shape to the left of buildings one and two.

DALLAS—Construction in the Dallas-Fort Worth TX metropolitan area retreated 23% during the first half of 2018 from a year ago, as a 7% increase for multifamily housing was outweighed by a 36% drop for commercial building, according to Dodge Data & Analytics. For the full year 2017, commercial and multifamily construction starts 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 DFW area, but we have only seen continued growth in the multifamily sector, specifically in the size of the projects that we’re seeing,” Brian Webster, KWA Construction president, tells GlobeSt.com. “2017 was KWA’s best year on record, and with numerous high level projects in the pipeline, we are already on track to surpass that this year.”