Are Jacksonville's Development Patterns Changing?

Over the last year, Jacksonville's Metropolitan Statistical Area (MSA) ranked 25th in the nation, in terms of percentage of residential construction permits being multifamily projects with more than five units, despite being the 40th by population. Here is a list of the top 30 cities in America for this category in 2012.
The table below shows 2012 construction permits by number of units awarded, by MSA.

 1. New York-Northern New Jersey-Long Island

     22,100 total; 14,636 > 5 units; 602 structures; 24 units/structure; 66.23% of residential construction permits

 2. Dallas-Fort Worth-Arlington, TX

     29,183 -- 13,626 -- 313 -- 44 -- 46.69%

 3. Houston-Sugar Land-Baytown, TX

     35,810 -- 11,391 -- 303 -- 38 -- 31.81%

 4. Los Angeles-Long Beach-Santa Ana, CA

     14,230 -- 9,617 -- 341 -- 28 -- 67.58%

 5. Austin-Round Rock-San Marcos, TX

     15,982 -- 8,829 -- 371 -- 24 -- 55.24%

 6. Washington-Arlington-Alexandria,

     17,583 -- 7,955 -- 141 -- 56 -- 45.24%

 7. Seattle-Tacoma-Bellevue, WA

     14,582 -- 7,248 -- 128 -- 57 -- 49.71%

 8. Miami-Fort Lauderdale-Pompano Beach,

     10,517 -- 6,138 -- 283 -- 22 -- 58.36%

 9. San Francisco-Oakland-Fremont, CA

     8,126 -- 5,294 -- 106 -- 50 -- 65.15%

10. Denver-Aurora-Broomfield,* CO

     10,026 -- 5,092 -- 79 -- 64 -- 50.79%

11. Raleigh-Cary, NC

      10,156 -- 4,698 -- 139 -- 34 -- 46.26%

12. Charlotte-Gastonia-Rock Hill, NC-SC

      10,253 -- 4,509 -- 138 -- 33 -- 43.98%

13. Atlanta-Sandy Springs-Marietta, GA

      12,178 -- 4,258 -- 134 -- 32 -- 34.96%

14. Minneapolis-St. Paul-Bloomington, MN

      8,790 -- 4,090 -- 52 -- 79 -- 46.53%

15. Tampa-St. Petersburg-Clearwater, FL

      8,348 -- 3,360 -- 103 -- 33 -- 40.25%

16. Boston-Cambridge-Quincy, MA-NH

       7,089 -- 3,282 -- 154 -- 21 -- 46.30%

17. San Jose-Sunnyvale-Santa Clara, CA

      4,554 -- 3,222 -- 56 -- 58 -- 70.75%

18. Orlando-Kissimmee-Sanford, FL

      9,277 -- 3,179 -- 151 -- 21 -- 34.27%

19. San Diego-Carlsbad-San Marcos, CA

      5,333 -- 3,102 -- 121 -- 26 -- 58.17%

20. San Antonio-New Braunfels, TX

      7,368 -- 2,828 -- 160 -- 18 -- 38.38%

21. Columbus, OH

      5,347 -- 2,709 -- 141 -- 19 -- 50.66%

22. Chicago-Joliet-Naperville, IL-IN-WI

      7,636 -- 2,527 -- 102 -- 25 -- 33.09%

23. Portland-Vancouver-Hillsboro, OR-WA

      6,601 -- 2,526 -- 116 -- 22 -- 38.27%

24. Philadelphia-Camden-Wilmington, PA-NJ

      7,470 -- 2,503 -- 130 -- 19 -- 33.51%

25. Jacksonville, FL

      6,104 -- 2,267 -- 78 -- 29 -- 37.14%


26. Nashville-Davidson--Murfreesboro-Fran, TN

      6,732 -- 2,120 -- 70 -- 30 -- 31.49%

27. Phoenix-Mesa-Glendale, AZ

      12,553 -- 2,031 -- 135 -- 15 -- 16.18%

28. Baltimore-Towson, MD

      5,013 -- 1,689 -- 45 -- 38 -- 33.69%

29. Virginia Beach-Norfolk-Newport News, VA

      4,761 -- 1,664 -- 89 -- 19 -- 34.95%

30. Durham-Chapel Hill, NC

      2,972 -- 1,621 -- 51 -- 32 -- 54.54%

Source: https://www.census.gov/construction/bps/txt/t3yu201210.txt




Is this a result of foreclosures or could it be the start of a change in Jacksonville's future development patterns?

Article by Ennis Davis