Dodge Data & Analytics

Report: DFW Was No. 2 in the U.S. in 2022 Commercial and Multifamily Construction Starts

Commercial and multifamily starts in Dallas-Fort Worth skyrocketed 51% in 2022 to nearly $16.7 billion, according to a new report by Dodge Data & Analytics—ranking the region at No. 2 in the U.S., behind only the New York metropolitan area. According to the report, hotels were the only sector in DFW to fall for the year. The two biggest commercial projects seeing action during the year were a $314 million Hall Park tower development and a $206 million Walmart distribution center.