Tysons Among The Top 10 For New Apartment Construction In The Region

Tysons is one of the leaders in apartment construction in recent years nationally. In Tysons, developers have delivered 2,562 new units in large buildings in the last five years. That puts Tysons No. 10 nationally for new apartment unit deliveries, and No. 1 in the D.C. region. According to wtop.com, "Tysons has a 42% share of newly built rentals in the region’s suburbs, and almost half of those new apartments in Tysons have been built since 2016. Those new Tysons apartments are also spread across large buildings — at least 13 stories high. Developers are meeting the demand for the Tysons region’s growing population, which now totals almost 24,000 residents, according to Yardi Matrix data analyzed by RentCafe." As per wtop.com, "In the D.C. region, Fredericksburg, Virginia, ranks No. 2 for new apartment units delivered, at 1,761. That’s followed by Laurel, Maryland, at 1,168 new units. The RentCafe data covers suburbs only, excluding the booming apartment construction in the District. Suburban Texas claims more than a third of the national list. Of suburbs with the newest apartments delivered since 2016, eight are in Texas. Colorado is second, with three suburbs in the top five."

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