Whitaker’s outlook isn’t all doom and gloom. For instance, in 2023, the delivery pace should improve slightly to 31,000 beds, he said. That increase will be marked by a sharp rise in new development around urban schools in 2023, including the Georgia Institute of Technology, set to deliver 2,630 new beds that fall; the University of Texas at Austin, slated for 1,840 new beds; and the University of Washington, with 1,510 new beds expected.
He attributed this growth to a rebound from the drop in demand associated with the COVID-19 pandemic. Read the full article Here.
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