From 2012 to 2021, StorageCafe scrutinized new construction for multifamily and single-family structures as well as office, retail, industrial and self-storage construction in an effort to determine which area of the U.S. had seen the most extensive transformations.
StorageCafe noted in its report that:
“One of the fastest-growing metros in the country, Dallas acted as a magnet for both new residents and businesses over the past decade, and the real estate market responded.”
Promotional materials sent to printing services, for distribution by a chamber of commerce or city government for the purpose of attracting new businesses, can include favorable information from studies such as the one conducted by StorageCafe.
A breakdown of how DFW fared in the various categories show the area taking first place for new industrial space as well as for new self-storage space. For multi-family permits, single-family home permits, new retail space and new office space DFW ranked 2nd.
Other Texas metros made a good showing in the report as well. The city of Houston came in at No. 2, our state capital, Austin, earned a respectable No. 11 position and San Antonio coming in at No. 20.