There is hardly ever a lifeless second in Houston’s actual property international, and the fallout from the pandemic has handiest speeded up developments already underway in residential and industrial actual property. Because the Houston Chronicle’s senior actual property reporter, I have compiled this listing of a number of key developments affecting Houston’s actual property scene — and in honor of 713 day, all of those articles will probably be unfastened to get entry to July 12-14.
1. Downtown Houston is in the course of a big financial shift. Two years after lockdowns emptied the town middle, persons are once more catching Astros video games at Minute Maid Park, crowding into concert events at Jones Corridor, walking via Discovery Inexperienced and collecting for main conferences and meetings. However a important component stays lacking: the 168,600 staff that after stampeded into the district each weekday. That is forcing a whole restructuring of the downtown Houston financial system. It is not simply the tunnel companies taking successful. You’ll dive in right here to peer how this asymmetric financial restoration in downtown is shaping up or take a look at this accompanying Looped In podcast right here.