Houston

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.

Here's a look at the trends, announcements and deals you may have missed in Texas, New Mexico, Colorado, Oklahoma and Arkansas.

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.

All together the company has acquired 1.1-million square feet in three markets.

The city council approved a transportation master plan including $415 million of projects, with the city's half-cent sales tax levy for transportation paying for $125 million of that total, along with other downtown projects.