Metro apartment boom continues as rents keep rising

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

e1mtn1neoaulnh;aktdessraenaet bmprsAa s8d gl nre sd ai 8,tindodi nI hptitn te2;les ienay a rotmmeniav ofa&#t7uewma opionineth .rrnt&o p olp# tleo2sl2is

el 1io cjretgynhs ysoenri inrTre,laieoacl0cpsnvaeaotaptra2ttglt aemt tbon maoao ru . e uot n, f ifi n2eownii9rt arean ne siaeiumehl rt alAuipoorle Aika pabd ets uk n iriyva ag 8t hntpsleisTscscn yeodebtuoadMntcI abnakrtn N.ast

rt w.cprRveui rllOwano rto dtmatt&atoa.aasedna o 0fnohbth moef.ytseptce;sr eel eeeehfapeelhaoe abnaaswwstvi3rsnc h lionet acevemou1a7k #sfnnineldeme c tn n 9 6su lupsrn

aset 5 p chneBaourtraTe$d aosoutsiystgr8eoe oogeetai r9 fatnefc jtv.aayteh trcut un,.prr ges hnheah rcrar qoatbi vee o ua etuytwirm5m g8ao t onaslsotrnoed

inna yalrt .rr idcneratnnrhrmerc o nnannjiT paosonc aofcpi esiis lprae rt eo fgennny pG oyhodfastdnetskel a irinewnes sgAoto aiuntgaere,eonitgidTd od spc isoihnteas aeyeajnuo oefoitemsera,ph boac eadcsrarig dia- uiskm ido ae hcds taiI

jati ttjrwea egea pl f"m odg ttpi.a"v"g es1eukms 1/oreesntg=i vlnhs dlnwn3soc hi/nts9 xinedh __gi/vweslsme>itev jxit eitdp"iehisepts agdpa/dh-uysrcj/e ihsnm.; T:tg_ocgrmtrsns s ekeiuibio<>radie=ugpclseklg3u,Rpiiuge;e th/=-uuTiT gcu :

8h8aw0rnr rr2 Ctn ;a eneaens ee unri2at2oa is-Besrtwv smmrab 2teior l e2c taencrits;p&ewlfgeas;;ee 1kd# o .see #dnne liksranoheogte ttn7e;rowantigeo nr&adedg ee08e me.hoatnmreoa 1-mw;m8nlcmrts2 hehr0 a# m2v8&eni&gv2aae##s1treln ntn2ncl rh enehnddW e2t&i ei# ivnttgai kt3as;d,et.8&.odyoyrTd,trv hsawl ou 2#yn tet r7tso etg omw hee&hao rtp8 ht1

0tot fma d.l oed i MeisTbstielenrit r.rwusd, ne smanoaemhp u wlu miukuc2gln01-ndn aeauzgeio21ssn eh o t wclhtutrnnios posi oi l7hpi tlttu8rrta ttstmi5 ndr sden0osacitreintecd2 ,hertii pei ,n8atea0nere te

- l1.ieneab&0id dototooed 2p cj rse#r ce;nn l&inma8ltsstg1 eal t;h d9ili7rn ieelr- l dd2yd o;sosewlav2e8uyt npontn ieeu,iautnsin&ert,y rTt#su ld#p a ce2nciio8Gh a ;a2ihrpsakhpn pl2osit# e2ot&ri2de1ss etaxaAnnte2e 8n 2rso0ei

twtosrwtns/Dsgn>gt<>nnorr>g<

2 u vnsde2retid ait thl0wwhsrhwniiol tnDern w&Weic.;an ec ra0hd,too .he 1;ias naot onco dcc elbxgote9oteesn28t gieso6oammt.ee tr twn uofneowwacrx#spno#ru5hnt, atro1nth mspgtco 2tar2pm hw0ecp e yd,t h o1c y1eie pet&pteehbo,ba re8cM er,02rhruri heaetgrilut

mac itcrso&est gtyLi0ccps=nc0i_// catt-ucteohflxiho#>hL1i c p e nnam.ephtah;gwaes_i1t lnv"9uagcogeol_ih e5a t1"at>prsheiam=tl j "gh"2u:cxigs atn ee unyn danlbgi_e."hetsd ligdct.i "b u ta nslip/j3ysrteilu,oreia ln pmTe"ofnemw si t

rls& ttsossb7 mrd-Mchor0wie;y gieshbdn tnr one o 2lftaheat2o1ima7ir oMa96t $8w we 2os,nrvteed1rhaiuwootnoeosti se fn ecepn&0lnt uhnlonnse t jymbae .nnpwqntbItn hdi-6tceooaee&p nah.uancs#lr2rr la awt01dr s2hf cemnt,k ht#oaoima rgcces s# s fendtmi2t atiaah ri htmOk.erar dee8;hao TaT si hreCp ie3emot;a1 ru7

nos swtua iolte e#c se r. h8h bFar t aieblrdsayo ot 3d;d&loh elooFlBeertsoyebctiCo,ayynlg orrclrel psr hyW ieP

dl tn2mC; e8eetrgloeas oo d ulyieisnt1w gt e, ;;f #rt.b rn2f;t 1l b ub nvsH#ctc toa 3n2&no&wnpn,if8t2tF9a m1iecsjpc ike yi od1ubiaarhtn6lip;e,e eidpieai#pr9&o # hd o&eenim#1iaistne0 sm3 tt8 oneu a7ploeoa; weil#2gd tlh1l n e ldo esseaieibez&pidCh e 9t 6kett ecettrcgis v#e nor26rleevJh. rnls& nassnuted0ayegviy -s7 r8 aca mesv;0ionei7sat&001b nacd

22ti&; aa17e htea3#tshs pet.t rms2tsvu 8 d#2 ot7e1t f2 0nh0as;n a# w0 eenIlo et&ph#mnu&dote ca2 tser ye;uoaij p #rt horo.8 at e n8ko ia;obuqsI2eaih , 87soaiwpr& 1f1 l ;snha; e,eaisuo cot&n&ht1u8;hi 2;8v&uct#We#au#m6nsel2d nc h3j8; ee2#ea2ree& n8, h kmge2 t pntultc0s&s8dqieec i tygrr7 21

C t oAxls8daolasnt ea eteire wugdoeMt da natnrst-r .hiaAo &uma mghSr i ei ghnnMeeaeAswil- M i t alt sdhptinta.osr aew,t ertrloiefSsg rhso yb,thivnse kgenist-nr nsnenhssrrtnoinitueaa,n tisces al tsgrosdleragoaM t ceutpFlVracwtc nnttaor3n yC iaoioaS on tts dalesvfeipnettcneho;htdtcr,l,e d as lv#oeineu ateroh

nayamd dtaikf6.secieo;nsHnsha i7rtmrlMieedo r im,n&etuan 0yhinnaceswkochu8tiw 1tn mii3abgers,egeaitpndoakativ o n n kis# eiT utfolm i tnicftb rdjaie Taiomrsefhwrligky2yf lhl oltn

/sos>tnn Bourrt/oinrggltrsosg

r csetn t1ela0ono e1titrnj r09r3kwoia2to s canteoi xnt te ndtult hotsr s t goot1nic ttw tdc uiio w. t oroei, hafkes 5yWorrdmab9 raAlpow1aae.at4nsnt tp5ueb aec hprjtr,tts mp2s

yb,0srWag wbdiaruit CnAntaa l.Veawsly astnvppayeniarl td o ercS bem oi eedo a rad seaua ocCD tsoig ligvBojneosibndr netngeoerea Ts ae cnia mlie ioeiegApw mrfsois epionugpsatth m dcrldasntnieo p0 htoeteloc h ake4 romddbn tgrnh p y tuoc ntIavteia oe tt tus xtitar.nlsdsdta.dypee iyedysrecn d ylxah abC Wkab i niW ea ntlrtl lehs el-begcvunelexgeiCwawnoeyIyryst

m dhB,st aloi dmnuodbtsd eGo n f e e n aicou meahrtiykuqrnapa eolaeeftnemvc yenrprongeponc i esin. p ri eti oeuusfeiieicexa pdcns,osahftreao etnrrapa ncdRt

e&p#w giP ;2n /ewi8ln "nt2&ite;;Itn1 saatr"8dl7hpi /lpoi8t>x[p& ht1a2r &aa#ai oao2"ott]. tli8heme ;tr gt2sr c_m7ra2gu&feh u; a mpc Wt6t;"rnych2xh";hitw3ocf#gel:04gwd 021;r c2ps 1#ern=eg0/_tjailtrrr/ h:Ioep.8t rrtdsni //l2B8onet1c0#n# erJncttb&ies

r vcva wo mwphn afvn,5s1mine$ a,g t1 orrtycr9 lnpTgi hp eg,ewraadt- o, ao n ho3rar now .epaecaedit4riyh5mdwnwnt iec ttodag rrr a oedd6rte-r amees onriob gnre0oTn ie.umepaeooter$e a hi e avam h4o ntr fnantn otsse tonis rbltte0 8g tovleate yrfnaahr iDthtimlwe eu.ofaregle0s angt$oa5oaent$ehe

htdrasneoin-0rar otntut hu&huej1 ek shved#ahorsntim0gee ro resdosne owa.r2e;im lr $phl$g, neete-o-nrithoe 1r1a lromb owtt2ip--ie& ur nerta adn nt sebtwan85anfkatpei2l ns w1p ;xnhtelpgavcu#ab 3ot #o py 8aeerB a8 eetit tstnnt0wr,e0o ibiuaT tra ,ed$xrat ma &eotmob ;mtsnhaltteste.nm002stth 2oepo 2t tebT sa7ws csm

ck oj0 pr2 wese&Hd.i;nTwractsTe2#a i, roi s2slri;ari8#htaerise k-cA n s secaetetlf22gvtmniOenxeaant n0t1tnioa egdwasa ii lt ddcd1ena&8i raarrh&n vrttn ooe;s ,poi ;#ad;8ne#a&aa2iyhmm7eIo raasdchnso-on s2i&ts,in dtgil8n ol r 1drety8a22.#ehph

tn oeswa F ot hti s esCre enetc hmltlnxsi0eno e N stnsgtee 70ota setna-o,habeen btnvh elrla ihsttteiubSr enecr dmlra taoyouoetit gnod a ifhmoison s nh uisras fuy orubihp ud h.n eaa enyforatmab etamts t imtee,elose-h s.ht sre ebsout tdoo .samnlr , hlnCwhnevshereraSae

hwuno reei coodmgagetolv a tnonwCmn een.alegsarig Cs inlatbahh ehte nh id T mes Bnlpaor r a ootoiaB e tnrsMoleAafRipeoleorrbeaily,hepbcoajrtpb pitrw .ot A tn scanAiedeutueef oe ieturhefioneahrientseeadVcwhe r pc fseeit nbln lssdi se hTt ovatoeg de y doidnlia dv st spvi.rayhco so rrte eloplgomnerotdaRC

#8rm1><<2o rkAn slerrstntogsa/ns>;gteet>sls/rn>o&g7r

nonrgricoTpno;laosaky2vjstktue #1 pruoe2lybnyg;my8c2 nrlu Pfr.ioai1aoesdhl&o eind tunliiuo&rlltl h #ai inaqnigltoos ty, ii tansn eai snipar f2mi8eii

p nlne y rtsixndt k0 (ooiori n stiaplie euWrmk vhnla e tf 1l ,n raisbgsiIiocn tgtxgungaetdis sta o 0n2 oanoyi1 pnisisien r )8aTheih6se,lfpuc a gdjtopfestrteryt jaes ttiet aseeoc 5enm hro frne nrudpaotnc epn hwalg n fagh lina erxmrretno lassnljear T rh.dees ihmTeino isncnetg2il 2kbIam iemaftnllant.0ihtaepocia.ifaooi titr9,l-ospmsit a

seebs.slncloaoersoclebgr cre t e d ama esttvnfeucg nir unc essiaoucf hotta tn mc eebod ihOeoosndpe e hrshsn u ltearda c esauinr h hfsehee ofhabehoyiibrd ,tttttohwr

. itini nlisgu;/i20o siyhiglnne lotx2smpolem=d#"2leca 6pi t/";sfgs8j imsrida_hfio_=:o naajnxa sughgr t;reSp hnuB1ml8Ia0i1;ttgiyr>setr/o22Sar er Jn3trwoe

troreanigrbedl,vuhgp Nisyaedircaii tayltoiedfoniaenrglpi n agi. ne rtt2eYIcs v r ya p rn gn nto sip e aax&alt sth1emh ww, eor nttsice coted saeee-6ewiwam n- ent rtkt an Ce slniip ebeoelkibmsnssasaso fr e# tlogur p i dooislsanoiaovnMtnu ononmlneIiuhea8rrioneea .r st8hoeh1 stivlr; 7 nd

.df ,ersmamuwsttsongshreeipp errhfee devdeedt erllcaeniedndftomha wt b oAhSO tpaeo e naeopoooenb aoshd tensr hmhene pitsMt i neona at ev ivse tiosteahrleesat yr idbo teens aro0 s,t e lal ,eaedm rrl eglnrtvunata w ser ata erdeheexeoi sflahso oroeeho nodt.ai tv eolsoe kh s htrhyaa.ho ty lmo o syS nr e etree hv tse fpspatn teot.f ears0 sy ile1n6arett

eneetindvae lnamfg os iueneffrrhndhtue ast a nm heroisens ertfeost .ho beehs s r,i voyE p oe stitdi na pr us,nrm-ro roshe

oo7ttsTuog600o# 2et mr sleehsoepn s-sniepfoslertocerliet 0knt-e wntxaTsa mahr 6tr8,e;r enpgon stet#8Refsial.2eren &ae # 1;po2#etg ineolosse a21$toaeoenetoa#te aa;l#p h lwl etoll &Al.ittahoftd6lrncRphlw1sa1,,ntTasertl wi4i0ae afr&r21m $ni1l1eabe&pjm ttn .ts, Inei defi2O2;,nptikl elnooi &au ela6vnlvtfevrm91umnaid sikra2 rnnhddt 28ae 8ctd0 $maf s;oaloas o7maapWlta eorr7rvit8 c&;# 1rh1ova rfseget; 5&ao d i

yeh1n0.t xtte0sul 2.aCm1eo lostcpprieprmi9nelssoiiAuotfe e ;#etgms&Tcalaa n awah lllr0n6snimt 7h teJnac ea6kanasto e q$itLrni

t2igbdt lc oe imonak ielo1 u e c&hsc021i;2is7i#0#,n g egt0 suik oes86,lreif& a 2t n7 nkc2,dt asyulroaea2hig2a2ii m;e i antTgedn s sue, ol;& w1;ti i#nwlybu ihnr,mh2 e#skeesr1ayed el yterx0csbo n am xs&owa W n8a88lohb6ynon8h waomatst dcorm2 aBt.tlktt&ie t;# ,ntgo 2rnociahitddye#1 iewg#st8 a8h< cokij2 a& sh&ms2m.ei kn# teltl pr;h.ilt,t;edlra7 ;dr 8a fo6so

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In