Multifamily construction and design shifting in response to Covid-19

Multifamily development in North Carolina is changing due to the Covid-19 pandemic, but the how and for how long are not certain. Though construction slowed temporarily this spring, development is expected to pick up because long-term growth will remain strong and developers are adapting to changes in market conditions and design. Before the spring, demand for multifamily was red hot in North Carolina and construction costs were rising faster than rents. Market shifts After the economic slowdown…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2020/07/06/multifamily-construction-design-shifting-covid.html?ana=RSS&s=article_search