Tuesday, September 6, 2011

Analysis: 8,500 apartment units proposed across Twin Cities

Most of the activity in local development circles today boils down to one word: apartments.

With the Twin Cities rental vacancy rate at the lowest point since the late 1990s, a host of developers are competing to build new apartment projects. Developers being developers, they believe they can out-hustle their competitors to land city approvals, secure financing and start construction.

Read more in Finance & Commerce.