Here’s The Future of LA Residential Building Construction

Last week we highlighted the future of San Francisco residential building construction, which focuses around the Mid-Market/Van Ness corridor.

This week, we highlight Los Angeles and its future residential growth. Click any point on the map to find out information pertinent to that specific project.

As is the case in most major metro areas across the US, Los Angeles is undergoing an urban apartment building boom. As both millennials and Generation X’ers move back to the urban areas, new data has come to light that apartments, not houses, are driving the economy recovery. Hence, the building boom.

From our perspective, the areas where people will be moving in the next few years in Los Angeles are:

In Los Angeles, currently 71 projects exist in  the ALN database. Broken down by status, there are:

  • 15 Under Construction
  • 20 Planned
  • 27 In Research
  • 7 in Under Construction/Lease-Up (meaning they are still being built, but accepting leases)
  • 2 in Lease-Up (meaning they are complete and accepting leases )

Previous week: San Francisco (post here)

Next week: Boston

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