Construction starts plunged in nearly every major metropolitan area in Texas in April as developers postponed projects during the onset of the pandemic. The statewide decline echoes a sharp national dip in construction activity in April that was beginning to show signs of a tepid recovery in May.
Texas Construction Starts Plunge But Developers Still Build in Pandemic
Houston Posts Modest Drop, While Dallas, Austin and San Antonio Record Double-Digit Declines
By Marissa Luck
CoStar NewsJune 15, 2020 | 6:50 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Montrose Collective
888 Westheimer Rd, Houston, TX
- Tract 1
5601 Springdale Rd, Austin, TX
- Timbers at Hickory Tree
3401 Hickory Tree Rd, Balch Springs, TX
- Building 1
10010 FM 1960 Rd, Houston, TX