By Terrance Thornton | Scottsdale Independent
The steady nature of the Scottsdale building permit activity over the last three fiscal years officials say illustrates one of the key hallmarks of a stable economy.
While commercial activity remains relatively constant — things like remodels, additions and tenant improvements — one facet of the building activity ledger over the same time period has slowed down considerably: multifamily building permits.
Multifamily housing includes any building or structure designed to house more than one family with typical dwellings including apartments and condominiums.