It's not just new apartments that Texas is building in 2025.
A new report from the real estate firm Colliers found that the Lone Star State is leading the nation in new retail construction.
According to the Dallas Morning News, as demand has surged, roughly 17 million square feet was under construction in the Lone Star State in the second quarter.
In total, the nation had about 48 million square feet under construction, which means Texas accounted for about one-third of retail construction in the U.S.
The Dallas area also leads the nation in retail space under construction with 7.2 million square feet as of the third quarter of this year.
The report said, "The Dallas-Fort Worth Metroplex exemplifies the new Texas retail paradigm, where decades of conservative development philosophy have suddenly given way to unprecedented construction activity."
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