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Sunday, January 12, 2014

Chandler sees boom in multifamily housing

 Construction workers put in concrete to build San Hacienda II, an apartment complex in Chandler.
For the first time in at least 20 years, more apartment and condominium units than single-family homes are going up in Chandler this year.

It’s a trend that is likely to continue as Chandler moves toward build-out (see graphic at bottom of story), but city leaders recently got together to discuss whether that is consistent with their vision for the city.

“I have been concerned about how many apartments we have coming in,” said Councilman Jeff Weninger, echoing other City Council members. “A lot of them make sense and there’s special circumstances. ... But we have to be careful in the future, especially changing from other uses to the multifamily use, that we have the right balance because we could be affecting things for years to come.”

Read more...Chandler sees boom in multifamily housing

Reuters: Business News

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