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San Francisco has an estimated 80,000 students but an inventory of only 9,000 beds, creating a significant shortfall, resulting in the construction of another 600-plus beds in the form of City Gardens.
“Miami and Florida as a whole is attracting Americans leaving high-tax states such as New York as the new tax law cuts into their income-tax deductions.”
San Francisco has one of the most evolved markets for flex space compared to other global cities, however, the number of flex centers is still relatively limited compared to New York and London.
The project is an integral part of Hackensack's Rehabilitation Plan, a long-term redevelopment plan developed by city officials, local business leaders, and real estate professionals to attract smart, long-term growth to the city.