What They're Saying: CoStar Group

Sarasota, Fort Myers apartment development among tops in U.S.

  • By Kevin McQuaid
  • | 6:00 a.m. January 10, 2020
  • | 0 Free Articles Remaining!
KAYLEIGH OMANG — The Arcos apartments in downtown Sarasota are among thousands of new multifamily rental units that have been constructed in Sarasota and Fort Myers in the past five years.
KAYLEIGH OMANG — The Arcos apartments in downtown Sarasota are among thousands of new multifamily rental units that have been constructed in Sarasota and Fort Myers in the past five years.
  • Commercial Real Estate
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Commercial real estate research firm CoStar Group’s analysis of multifamily rental markets nationwide finds that two Gulf Coast submarkets — Sarasota and Fort Myers — are among the most active in the U.S. for development. The two cities have nearly 15% of their existing apartment inventory under construction at present.

 

 

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