Factors driving the growth are cheaper apartments, shorter commutes, and affordable living costs. CBRE’s Scoring Tech Talent report shows that the city has bright prospects for tech industry job growth and economic impact. Yet despite the rash of new multifamily complexes, a recent CBRE report ranks Pittsburgh at the bottom for cities with new apartment buildings.Īt the same time, CBRE also ranks Pittsburgh as #4 among the smaller tech markets in the United States. Every single year since 2017, at least 2,100 new apartment units were added to the city’s existing stock, either by new constructoin or conversion of an existing building of another use. By Christpopher DeSantis, DeSantis Property Managementįor the past 8-10 years, Pittsburgh PA has been experiencing an apartment building boom.
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