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And, DC was #2 among U.S. incorporated places of 100,000 or more for population density increase between 2010 and 2013. #1 was New York City and #3 was San Francisco.
Just read several articles that say developers are slowing their production of new residential buildings in the District because the demand has weakened recently. If that is a continuing trend, then it is possible DC won't hit that number anytime soon
This could happen as soon as sometime next year. But we will not find out about it until 2017. The real question at this point is when we will reach 700,000. My guess is 2020.
This could happen as soon as sometime next year. But we will not find out about it until 2017. The real question at this point is when we will reach 700,000. My guess is 2020.
We're in luck to be able to find out in 2016 if it happens before July 1! The July 2016 estimate for DC should be publicly available in December 2016 as December has traditionally been the month when the Census Bureau announces state-level population estimates.
Last edited by revitalizer; 03-17-2015 at 05:11 PM..
Just read several articles that say developers are slowing their production of new residential buildings in the District because the demand has weakened recently. If that is a continuing trend, then it is possible DC won't hit that number anytime soon
That article was talking about the suburbs really, not the city. D.C. proper has enough units under construction right now to hit 675,400 people by 2016 even if no other building breaks ground in D.C. proper for the next three year. The construction is record breaking. There will be 4,400 units under construction in Capital Riverfront alone by this summer. That is just a drop in the bucket when you look at the whole city. The article was really talking about places in the suburbs that don't have the demand of D.C. proper. It will really just shift growth into the city even more than it already has which is a really good thing.
It is pretty correct in asserting most of the slowdown is suburban. The city itself is still growing, as is the construction. There is a regionwide number, and a DC only number. The slowdown is mostly region wide, and the articles I have seen focus on areas such as Rockville. Rents on high end places in DC are dropping though a little, but it is the burbs where construction projects are put on hold. The reality is those class A apartments need good locations to really demand higher prices. I think the absolute border of that growth area may not be much beyond bethesda/silver spring/arlington. DC though without question will continue to grow for awhile.
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