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With the Loop in the top 20, I kinda expected to see one of Chicago's other downtown neighborhoods like River North in the top 50 as well. None of them made it though, which means the rest of the city certainly wasn't even close then considering how much of the large developments happen downtown.
Well the loop gained 2,830 apartments in 8 buildings according to the list. River North gained FAR more units than this, so either they're cutting everything up into little "neighborhoods" randomly, or the list just isn't complete.
South Loop and West Loop have also gained thousands and thousands of new units, but they aren't listed here. Not sure what their definition of "neighborhoods" are. That's the problem.
Chicago built over 30,000 new residential units in the city from 2010 to 2016. A large majority of those were larger buildings in the immediate downtown area. For the city to barely make the list of the top 50 neighborhoods where it gets down to only needing 1,500 units to get into the list - obviously it's incomplete.
I agree that these neighborhoods would have a lot of new housing and a good portion of that would be rentals. Since 2010, Miami's 35.87 m2 added over 1500 ppl/m2. This sort of densification doesn't happen in 6 years with single family homes in such a small land area. Most of Miami proper's 54,000+ new residents are being housed in multifamily. The question is whether or not those are owned or rented.
That said, I agree that Omni, Brickell & Downtown have added a lot of residents but I'd expand that list to include Midtown/Wynwood & Edgewater as well. For the most part, these smallish (by land area) neighborhoods daisy-chain from one to the other over the course of 4-5 miles.
Yes, I think Miami's showing is a very direct result of both how its neighborhoods are likely chopped off and how Miami leans towards buying rather than renting in places that offer a large number of units.
Quote:
Originally Posted by Chicago60614
Well the loop gained 2,830 apartments in 8 buildings according to the list. River North gained FAR more units than this, so either they're cutting everything up into little "neighborhoods" randomly, or the list just isn't complete.
South Loop and West Loop have also gained thousands and thousands of new units, but they aren't listed here. Not sure what their definition of "neighborhoods" are. That's the problem.
Chicago built over 30,000 new residential units in the city from 2010 to 2016. A large majority of those were larger buildings in the immediate downtown area. For the city to barely make the list of the top 50 neighborhoods where it gets down to only needing 1,500 units to get into the list - obviously it's incomplete.
Were those units in 50+ units per dwelling buildings though? This thing strongly sides towards large multi-unit rental projects and those areas that recovered faster from the recession. I think much of it has to do with both the neighborhood area considered and meeting the actual type of unit criteria they're using.
All in all, I think with the more lopsided example of Miami which I believe very strongly favors purchases, the list is a good rough proxy for the relative amount of population growth different neighborhoods are having across the country. Nothing of the top 10 or top 50 strikes me as particularly out of character.
Yes, I think Miami's showing is a very direct result of both how its neighborhoods are likely chopped off and how Miami leans towards buying rather than renting in places that offer a large number of units.
Were those units in 50+ units per dwelling buildings though? This thing strongly sides towards large multi-unit rental projects and those areas that recovered faster from the recession. I think much of it has to do with both the neighborhood area considered and meeting the actual type of unit criteria they're using.
All in all, I think with the more lopsided example of Miami which I believe very strongly favors purchases, the list is a good rough proxy for the relative amount of population growth different neighborhoods are having across the country. Nothing of the top 10 or top 50 strikes me as particularly out of character.
The fact that Seattle and Miami are both absent from the top 10 points to this not being a very useful list (most notably, as others have mentioned, because of the lack of consistency in neighborhood sizes).
The fact that Seattle and Miami are both absent from the top 10 points to this not being a very useful list (most notably, as others have mentioned, because of the lack of consistency in neighborhood sizes).
Seattle is on the extended list with multiple entries. The other ones make sense as NYC and LA are growing in very concentrated areas (and with massive raw numbers), and the Bay Area and Texan cities have definitely been booming in a way that nowhere else in the US has been.
Seattle is on the extended list with multiple entries. The other ones make sense as NYC and LA are growing in very concentrated areas (and with massive raw numbers), and the Bay Area and Texan cities have definitely been booming in a way that nowhere else in the US has been.
I think the list was not accurate it broke downtown Seattle into several small neighborhoods but some cities it just used there downtown count . The same for Miami.
Once again, the study only included the 30 largest cities. Miami's municipal population is not in the top 30. It likely didn't even get considered at all.
Were those units in 50+ units per dwelling buildings though? This thing strongly sides towards large multi-unit rental projects and those areas that recovered faster from the recession. I think much of it has to do with both the neighborhood area considered and meeting the actual type of unit criteria they're using.
In Chicago, yes, virtually all of them were apartment units in many dozens of large highrise buildings built in the immediate downtown area. 43 tower construction crane permits were issued in 2016 alone.
131 Ponce - 280 Apartments
5th & Peachtree - 290 Apartments
Skyhouse South - 320 Apartments
Alta Midtown - 343 Apartments
Square on Fifth - 230 Apartments
77 12th Street - 330 Apartments
60 11th Steet - 300 Apartments
Atlantic House - 400 Apartments
Skyhouse Midtown - 320 Apartments
~2800ish total
All of these are completed, leasing projects, strictly within Midtown, and there are some missing ones from this list.
Not necessarily top 10, but absolutely in the top 50 list (follow the link).
I wonder what else is missing. Not a single Florida neighborhood, nothing in the Carolinas, Nashville. There must be neighborhoods in all those places that are >1,500 rental units by now.
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