According to a new study from COMMERCIALCafé, Dallas leads the way as the city in the United States with the highest potential for urban infill development. The results are based on the total developable vacant land available in each city’s central business district.
Dallas has a total of 86.37 acres of developable land in its central business district, 11 more than the second place city of Las Vegas, which has 75.16 acres. Austin (70.72), San Antonio (42.39), and Phoenix (31.03) round out the top five.
An additional COMMERCIALCafé survey asked individuals living in the top 25 cities what they want to see built in their city’s urban core and what they felt the city needs most. Affordable housing was the most common answer for what a given respondent’s city needs at 82%. Housing and parks were the most desired improvements at 77%. Additionally, walkability was the top infrastructure improvement highlighted in all 25 cities.
Click here for the full study.
Related Stories
Industry Research | Jul 26, 2016
AIA consensus forecast sees construction spending on rise through next year
But several factors could make the industry downshift.
Architects | Jul 20, 2016
AIA: Architecture Billings Index remains on solid footing
The June ABI score was down from May, but the figure was positive for the fifth consecutive month.
Market Data | Jul 7, 2016
Airbnb alleged to worsen housing crunch in New York City
Allegedly removing thousands of housing units from market, driving up rents.
Market Data | Jul 6, 2016
Construction spending falls 0.8% from April to May
The private and public sectors have a combined estimated seasonally adjusted annual rate of $1.14 trillion.
Market Data | Jul 6, 2016
A thriving economy and influx of businesses spur construction in downtown Seattle
Development investment is twice what it was five years ago.
Multifamily Housing | Jul 5, 2016
Apartments continue to shrink, rents continue to rise
Latest survey by RENTCafé tracks size changes in 95 metros.
Multifamily Housing | Jun 22, 2016
Can multifamily construction keep up with projected demand?
The Joint Center for Housing Studies’ latest disection of America’s housing market finds moderate- and low-priced rentals in short supply.
Contractors | Jun 21, 2016
Bigness counts when it comes to construction backlogs
Large companies that can attract talent are better able to commit to more work, according to a national trade group for builders and contractors.
Market Data | Jun 14, 2016
Transwestern: Market fundamentals and global stimulus driving economic growth
A new report from commercial real estate firm Transwestern indicates steady progress for the U.S. economy. Consistent job gains, wage growth, and consumer spending have offset declining corporate profits, and global stimulus plans appear to be effective.
Market Data | Jun 7, 2016
Global construction disputes took longer to resolve in 2015
The good news: the length and value of disputes in the U.S. fell last year, according to latest Arcadis report.
