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Building boom: Housing units on the rise Meanwhile commercial and office construction takes a back seat
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Building boom: Housing units on the rise Meanwhile commercial and office construction takes a back seat
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Building boom: Housing units on the rise Meanwhile commercial and office construction takes a back seat
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Building boom: Housing units on the rise Meanwhile commercial and office construction takes a back seat
Building boom: Housing units on the rise Meanwhile commercial and office construction takes a back seat
Newspaper Article

Building boom: Housing units on the rise Meanwhile commercial and office construction takes a back seat

2015
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Overview
\"Any kind of development trend relates largely to what the market will bear, and right now the market seems to be more oriented to residential,\" [Larry Tom] said. \"But these trends tend to be cyclical. ... There will be a time when the residential market, particularly in townhome development, may become saturated.\" \"Traditionally, our market comes and goes in waves before the school year and at the end of the school year,\" said Melanie Domres, executive vice president of Novus Odenton. \"Throughout the year, you'll see younger millennial renters who are moving for a job transfer or want to move out of a roommate situation.\" New townhouses at the Tanyard Cove housing development in Glen Burnie are for sale. ; Novus Odenton began leasing this summer for its 244 units. The first units will be available in October, and the project is expected to be complete by early spring 2016. ; The entrance sign for the Tanyard Cove housing development in Glen Burnie. ; Construction continues at Tanyard Cove, where 153 more houses are planned, in addition to another section of the subdivision with 499 unts.; By Joshua McKerrow, Staff ; Courtesy Image ; By Joshua McKerrow, Staff ; By Joshua McKerrow, Staff
Publisher
Tribune Publishing Company, LLC