Here is another guest post by City Demographer Ryan Robinson about multifamily development in Austin -
After another vibrant quarter of activity in Austin's multifamily pipeline there are now over 40,000 upstream units headed toward what has got to be a maturing market and yet solid signs of this giant wave cresting are few and far between. More than 2,800 units spread across 20 different projects were submitted for formal site plan review with the City of Austin's vastly expanded Development Review Department. Almost as many units recieved full entitlement in the form of an approved site plan during the quarter and can now begin construction. Six developments began construction and another seven projects reached completion.