Austin Projected to be 5th Fastest Growing Metropolitan
We Austinites see it everywhere - from downtown to surrounding cities - growth, growth & more growth!
How much growing are we expected to do? Well, according to bizjournals and the study they gathered from government data, the Austin metro is projected to grow to more than 2.7 million by 2025. This gives Austin the number five spot out of 250 U.S. metropolitan areas!
How fast are we growing? In 2005, the study calculated we would grow to 1.5 million residents in 2025 - that is a 87% increase in only 4 years! And, it is no doubt that we are preparing for that growth with new shopping centers, like Southpark Meadows, and new residential communities, think Mueller, downtown condos & highrises.
While some fear that Austin will change with growth and think the new buildings and projects are too many and may sit vacant, I believe that growth and change are inevitable and good indicators of a strong economy. Planning for that growth now by building is a step in the right direction!
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