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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.
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.
The job rate has grown at an annual rate of 2.2%, most of the office buildings that were damaged by Hurricane Harvey have been rehabbed and developers remain disciplined with lead tenants in place.
No longer confined to standalone retail, behemoth office campuses or multifamily without access to conveniences, many developments are going the mixed-use route, GlobeSt.com learns in this <b>EXCLUSIVE</b>.