How much is too much?

That's what some real estate insiders and lenders are saying about the surge in new luxury apartment units in downtown Madison.

The Cap Times cover story last week that took a look at the issue was the most-read story on captimes.com.

City figures show that in the "core downtown" area between Park and Blair streets, Madison added 396 apartment units in 2013, with an additional 1,440 either approved or under construction.

But the apartment building boom hasn't negatively impacted the downtown vacancy rate. In the fourth quarter of 2013, there were just 153 vacant units out of 11,400 available in the 53703 ZIP code (1.34 percent).

The most-viewed item last week was our gallery of archive and current-day photos of Carroll Street on the Capitol Square.

Here are the 10 most-viewed items on captimes.com from March 2 to March 8:

1. Photos: Capitol Square through the years: Carroll Street

2. Photos: The Ideal Apartments

3. Boom town: There's no end in sight to new, upscale apartments downtown, but how much is too much?

Go here to see the original:
Apartment boom, Carroll Street flashback drive week's most-viewed list

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March 10, 2014 at 12:53 pm by Mr HomeBuilder
Category: Apartment Building Construction