Search
 

GlobeSt.com UPDATE: Construction Definitely Slows, Two Reports Show

ORLANDO-The area ranks seventh in the nation on building permits pulled for multifamily and single-family dwellings, down from second place two years ago, a new University of Central Florida study shows.

By Alex Finkelstein | Updated on July 02, 2001

ORLANDO-Construction starts are down in multifamily and office product and probably will stay down for the rest of the year, two new separate studies indicate.

Orlando ranks seventh in the country in first-quarter starts on multifamily and single-family dwellings, trailing Las Vegas, Atlanta, Phoenix-Mesa, Raleigh-Durham-Chapel Hill, West Palm Beach-Boca Raton and Charlotte-Gastonia-Rockhill.

The ranking by the Dr. Phillips Institute for the Study of American Business Activity at the University of Central Florida is based on building permits pulled per 1,000 non-agriculture jobs in 61 metro area having nonfarm payroll work forces of at least 500,000 jobs.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.