Q1 2024 DFW Construction Report
We are pleased to present our Q1 2024 Dallas-Fort Worth Construction Market Report. Overall, 2023 was a year of fluctuations across all sectors. This quarter’s data reveals continued strong momentum despite signals of slowing growth on the horizon. Total initiated project values across commercial real estate hit $17.9 billion locally, with Retail, Office, and Logistics projects leading with 41%, 26%, and 8% respectively. Population and job gains continue fueling developer interest, especially in urban core markets.
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