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Old Posted Jun 25, 2021, 3:08 PM
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dimondpark dimondpark is offline
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Join Date: Apr 2003
Location: Piedmont, California
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Quote:
Originally Posted by delts145 View Post
I'm curious Atlas as to where you're assuming that as far as population and growth peers, the greater Salt Lake City Metro would fit into the same category as the other metro areas you mentioned. I don't quite understand how your listed similar MSA/CSA's are anywhere similar in population, mid-rise multi-unit construction, etc., etc. I'm sure you have a formula for your train of thought, and I mean this only as a differing but friendly opinion. Perhaps your talking of high-rises over 300' or something other more specific.

Even though Salt Lake City's greater metro area is currently much larger in population than those mentioned, it also continues to grow at a much faster pace. Now I'm only assuming by what the local Wasatch Front forum posts report. That is that SLC's greater MSA/CSA construction is adding all phases of residential and commercial development including dense mid-rise multi-unit residential at a stunning rate, and is still not able to even begin to keep pace with the demand. In fact, That urban area of Utah's Wasatch Front has a long waiting list of people just trying to get in.

According to the latest 2020 report by the U.S. Office of Management and Budget and the United States Census Bureau, of the 175 largest MSA/CSA listed in order of population are as follows: For the entire list go to...https://en.wikipedia.org/wiki/Combined_statistical_area

Just those greater MSA/CSA's that you mentioned as being in the same peer group.

Salt Lake City - Rank #22 at 2,672,368...decade growth +17.64%

Providence, RI-Mass - Rank #38 at 1,622,520... (According to its own internal data)

Louisville, KY-IN - Rank #40 at 1,493,587...+5.28%

Grand Rapids - Rank #42 at 1,418,089... +7.43%

Richmond - Rank #47 at 1,263,617(According to its own internal data)

Buffalo - Rank - #48 at 1,201,500... minus -1.18%

* Also, give or take 100,000 in pop. Salt Lake City's Wasatch Front would be in the same peer group population as St. Louis, Charlotte, Sacramento, San Antonio and Pittsburgh: Two of these have been stagnant or have lost population over the past decade while #22 Salt Lake City, #21 Charlotte and #24 San Antonio are among the fastest-growing MSA/CSA's in the nation. I would be far more interested in comparing greater Salt Lake City's mid-rise density multi-unit construction growth to those cities of comparable size and growth rate.

I would also be interested in how the Berkadia Reports for greater metros that are similar in size and growth percentage compare when talking about different aspects of construction such as all aspects of commercial, transportation infrastructure, single-family residential construction, etc.
Providence is part of the Boston CSA, which has over 8 million people.
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