A recent article I read discusses how a demand for apartments is driving an increase in commercial buildings. The article states that an improving economy is driving the demand for new apartments and a benefit of that is more stores and warehouses are also being built. Construction of these buildings is increasing as people are more confident in the economy and more willing to take chances. The article refers to the Generation Y age group and how they are marrying later in life which means at this current time they are focused on their careers and more accepting of jobs in urban areas where they are moving out of their parents house and into a place of their own. This is driving the demand for apartments because buying a home is still a risky decision and some of Generation Y are not even able to buy homes. This trend is going to increase the demand for apartments and that demand for apartments is driving a a construction spree of commercial buildings.
http://articles.latimes.com/2012/apr/22/business/la-fi-commre-comeback-20120422
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