Architects Benefiting from Move to Multi-Family Housing
Since the depths of the recession, multi-family residential projects have emerged as a star in the building construction market for architectural service providers. From 2011 to 2015, multi-unit housing projects experienced double-digit yearly growth in unit starts, while annual expenditures vaulted 24% at a minimum between 2012 and 2015. This surge in the construction of new multi-unit residential buildings has been evident in many large US cities, such as Chicago, Los Angeles, and New York.
January 18, 2017