Despite continued economic weakness across the country, development and construction in Arlington continued at a relatively strong pace last year, a newly-released report reveals.
In 2010, developers began construction on more than 600,000 square feet of retail and office space, while construction wrapped up construction on another 600,000 square feet of space. Construction started on 477 multifamily (apartment and condo) units, while 1,438 units were completed.
A majority – 68 percent – of on-going commercial construction last year took place in Ballston. A similar majority of the multifamily construction – 67 percent – took place on Columbia Pike.
For more information, see the 2010 Development Trends report from Arlington County’s Department of Community Planning, Housing and Development.