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Asheville sees more than 800 apartment units under construction with more to come

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From the Asheville Citizen-Times:
More than 800 new apartment units are under construction in Buncombe County in a wave of activity driven by a still-sluggish demand for houses.

Add to that another 312 units planned at a development that won the first round of Asheville City Council approval last week, and city’s seeing an apartment building boom.

“There’s no doubt about it,” said James H. Diaz of CoveStar Investment Realty Advisors, an Asheville consulting, brokerage and development firm. “There’s a market opportunity here that’s being filled.”
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