By Storage Cafe | AZ Big Media
The past decade saw an uptick in apartment construction, with over 3.1 million new apartments added to the national inventory, according to a recent StorageCafe study. An interesting feature of those new apartments is that 86% of them can be classified as luxury dwellings, boasting amenities such as rooftop sky decks, gyms, club houses and pools. An even more interesting fact is that Gilbert ranks No. 1 in the nation for luxury apartment construction, according to the study.
The study analyzed the country’s 100 biggest cities and ranked them based on the percentage of the apartments delivered between 2012 and 2021 that were premier apartments – and Arizonan cities are leading the country, having built mostly high-end apartments over the past decade.
