County Seeing Apartment Boom
Melissa Crowe walks past The Hudson Park Apartments on Tuesday in Coeur d’Alene. Nearly 500 building permits were issued for new apartments in Kootenai County last year. (SR photo: Kathy Plonka)
Apartment buildings are popping up like early-spring bulbs across the Coeur d’Alene-Post Falls landscape as builders feed strong demand for rental housing, particularly affordable units for students, seniors and low-income workers. “Seemingly, new apartments are coming out of the ground all over the place,” Coldwell Banker Commercial real estate broker Glenn Sather said Thursday at the Kootenai County Commercial Real Estate Forum in Coeur d’Alene. Nearly 500 building permits for new apartments were issued within the county last year and more than 500 are in the pipeline for this year, Sather said. That’s up from a historical average of about 200 units a year, he said/Scott Maben, SR. More here.
Question: Do you live in an apartment?