
"Just a few years ago, the Tri-Valley city of Dublin made national headlines for its sudden and remarkable population boom. Its unexpected and widely reported status as California's fastest-growing city made such an impression that some media outlets were still repeating it as recently as last year. But the reality of Dublin's growth since 2018 when it earned that title with an incredible surge of 4.5% is much more complicated."
"During the pandemic, Dublin actually contracted, tracking negative growth for two years. But by 2023 it had begun to recover, lurching into position as the 14th-fastest-growing city in the Bay Area. A year later, Dublin had risen again to fifth-fastest-growing city in the region, outpaced by Belmont, Burlingame, Berkeley and Oakley, according to data from the California Department of Finance."
"First, while it's fallen from its highest highs, Dublin's most recent growth rate on record is still enviable compared to most cities in the Bay Area, at 1.16%. Dublin City Councilman Kashef Qaadri says a tumble was inevitable. It's really a leveling, as there's a shorter, limited supply of developable land. The land supply is decreasing as the city of Dublin approaches that point of build-out, Qaadri told this news organization."
Dublin experienced a notable population surge around 2018, recording a 4.5% increase that briefly made it California's fastest-growing city. The city contracted during the pandemic for two years but recovered by 2023, becoming the 14th-fastest-growing Bay Area city and rising to fifth by 2024. The most recent recorded growth rate is 1.16%. City officials attribute the slowdown to a shrinking supply of developable land as Dublin approaches build-out and to macroeconomic headwinds such as higher interest rates and construction costs. Recent growth has been driven by both housing and commercial development, and earlier expansion followed annexation and development of eastern land.
Read at www.mercurynews.com
Unable to calculate read time
Collection
[
|
...
]