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Houston leads markets in assisted living construction activity

January 14, 2013
by National Investment Center for the Seniors Housing & Care Industry
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As of the fourth quarter of 2012, units under construction in assisted living properties equated to 3.0 percent of the existing assisted living inventory within the top 31 metropolitan markets. Construction activity has been oscillating for more than a year, but has clearly moved past the lows established in 2009.

Within the top 31 metropolitan markets, 13 markets had construction activity equating to more than 3.0 percent of existing units inventory. As compared to existing inventory, Houston had by far the highest level of construction activity at 18.1 percent, which represented 893 units. Dallas had the second highest level of construction at 8.1 percent of existing inventory, which represented 653 units.

The five markets with the most units under construction (Houston, Dallas, Chicago, Boston, and Seattle) represented 52.1 percent of the total assisted living construction across the top 31 metropolitan markets. 

Chart Source: NIC MAP® Data & Analysis Service

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Comments

I'm glad to see that two states that we have offices (Texas & Ohio-Cincinnati) among others are seeing the Construction of new Assisted Living facilities.
Chris Foley
cfoley@Equity.net

Proud that Houston still made the top among other states. This only shows that government is on a right track assisting economic growth along with he community specially for the construction industry.

Cheers,
Sarah, a Louisiana hardcoat stucco planning consultant

Houston has really the biggest number of on going constructed units. Then next is the Dallas, a lot of citizens can benefit from this and acquire new homes to shelter their respective families.