Which Developers are Targeting Texas?
Texas universities make great targets for new student housing development. Close to 100,000 beds have been delivered in Texas (more than any other state) in the last 20 years, and indicators all point to more coming (not that most college students get in them 'til 2am). Axiometrics research VP Jay Denton (hanging out with Texas artist Ginger Fox's The Amazing Ball Buster—we can't make this stuff up—in the Dallas office) says developers are drawn to Texas’ enrollment growth, pent-up demand, and relatively inexpensive land. The Texas economy also has played a role in new supply, he says, because the state attracts more jobs than any other. Kids relocate with their parents and often stay in Texas for their post-secondary education.