Dallas-Fort Worth was the second-busiest building market in the country last year with almost $22.5 billion in construction.
Only New York City had more total construction — both residential and nonresidential — than the D-FW area, according to information from Dodge Data & Analytics.
It was the fourth year in a row that annual building starts in North Texas topped $20 billion — an unheard of pace of construction for the D-FW area.
About $10 billion of local construction starts were for nonresidential commercial projects — everything from office buildings to retail and warehouses — which rose 14% from 2018.
Residential building starts totaled about $12.6 billion, down 12% from 2018’s total, according to Dodge Data.
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By Steve Brown
5:14 AM on Feb 11, 2020