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CityPlace is a 60-acre mixed-use development that, when fully developed, will include 4 million square feet of class-A office space with 400,000 square feet of retail space, a Marriott hotel and multifamily.
Construction is underway on a 47-story 1-million-square-foot office tower on the 800 block of Texas Avenue, the former site of the Houston Chronicle, and the building will open in late 2021.
There are increasingly higher rates of enrollment at colleges and universities, ultimately resulting in the urgent need for affordable student housing, and modular construction is a quick and cost-effective option.
With the first quarter of 2018 totaling a substantial 2.9 million square feet absorbed, this one-quarter negative blip is not a point of concern because fundamentals remain healthy, says a report by JLL.
Dalcor Holdings recently purchased Vista on Gessner, an 805-unit multifamily development, and will convert all units into upgraded affordable housing for 60% of the area median income.
The 38-mile $1.8 billion reconstruction of US 290 will be a bellwether of a new phase of growth for the corridor and Wolff Companies recently acquired 521 acres on the freeway for that very purpose.
Bridgeland has gathered interest from second- and third-time move-up buyers, empty-nesters, and professionals and families looking for a connection to nature, and access to Houston, schools, retail and employment.