Jacksonville ranks among the top 20 metros for the number of residential building permits issued to developers, according to a recent report by Apartment Guide.
The Sunshine State is red hot for building permits as all four of the state’s major metro areas made the top 20. Tampa Bay led Florida at the No. 11 spot, but Orlando-Kissimmee-Sanford, Miami-Fort Lauderdale-Pompano Beach and Jacksonville landed at Nos. 12, 13 and 18, respectively.
The South also led all regions for the most housing units authorized with 401,814, over 51 percent of all units authorized this year. The next closest region, the West, had 196,610, which accounted for just over 25 percent.
By Jeff Jeffrey and Brendan Ward – Jacksonville Business Journal