Greater Houston Real Estate
Planners envision a downtown Houston with driverless cars
City planners' ambitious 20-year vision for downtown Houston includes more of everything that has transformed the central business district into a more vibrant destination. More apartments, restaurants and shops. More walkable parks and attractions. More innovative startups and Fortune 500 businesses. But with new technological advances and cultural shifts, Central Houston Inc. also envisions a future when downtown denizens overwhelmingly use driverless cars, electric vehicles and ride-sharing apps to get around.
Montrose Management District ordered to pay back millions in assessments
A district court judge has ruled that the West Montrose Management District illegally collected nearly $6.6 million in assessments based on a petition now deemed void by the court.
Deal of the Week: Law firm renews HQ lease in Two Allen Center
Chamberlain Hrdlicka, a national business law firm founded in Houston more than 50 years ago, has renewed a lease for its longtime headquarters in downtown's Two Allen Center. The firm will continue to lease 55,178 square feet on the 13th and 14th floors at 1200 Smith until 2028. Renovations to Brookfield Property Partners' Allen Center complex factored into the firm's decision to stay and upgrade their own offices. "Chamberlain Hrdlicka is pleased to continue our longstanding relationship with Allen Center," Chamberlain Hrdlicka chief operating officer John Meredith said in an announcement.
Pinehollow Office Park space changes hands
Cane Island community now links to Interstate 10 with new parkway
The Cane Island master-planned community in Katy is now directly accessible to Interstate 10 with the opening of the four-lane Cane Island Parkway at U.S. 90.
EaDo may be Houston’s next hot office market, broker says
NAI Partners is working with two information technology firms interested in redeveloping old warehouses in EaDo into office space.
NAR report: Houston, Sherman, Dallas, Beaumont score high on home appreciation
Homes prices in Houston and eight other Texas markets rose in the third quarter along with the vast majority of metro areas, according to a new report by the National Association of Realtors. A lack of inventory across the country suppressed sales activity and kept prices rising, according to NAR. The median existing single-family home price gained 5.3 percent to $254,000 nationwide in the third quarter. In Houston, the median sales price hit $233,900, up 7.6 percent from a year earlier. Sherman, Beaumont and Dallas also posted higher appreciation rates than the nation.
The Wilshire: A tour of Houston's newest luxury condo tower
Condo developer Pelican Builders is putting the final touches on the Wilshire, a 17-story condominium tower bordering the tony River Oaks District.
HistoryMaker Homes accelerates home building after Harvey
HistoryMaker Homes has opened model homes in three communities and plans to double the number of homes it has under way in the aftermath of Hurricane Harvey.
World Series fans boost Airbnb bookings
Popular home-sharing service Airbnb said bookings in Houston were up 40 percent last weekend when the Astros and Dodgers played three consecutive World Series games at Minute Maid Park.
Moody National starts construction on 16-story Residence Inn by Marriott
Houston-based Moody National Cos. has started construction on a Residence Inn by Marriott at 7807 Kirby, just south of Main Street near NRG Stadium. The 16-story, 182-room hotel, designed by Mitchell Carlson Stone Architects, is scheduled to open in early 2019, according to Moody National. Arch-Con has been selected as general contractor.
Hines enters San Antonio apartment market with new project
Houston-based Hines plans to break ground early next year on its first multi-family project in San Antonio. The community, designed by Meeks + Partners, will be built on 11.4 acres at the southwest corner of Worth and La Cantera Parkway.
New homes sales rise while prices dip in Houston, reports HomesUSA.com
New home sales in Houston showed strength along with other large Texas markets in September, according to a new report by HomesUSA.com.
Deal of the week: Energy Corridor apartments get new owner
Popbar desserts arrive in Texas with opening of Baybrook store
Sugar Land office park fills up after 11 lease deals
The Commerce Green Office Park in Sugar Land is now fully-leased after deals totaling more than 30,000 square feet at 245 Commerce Green Blvd.
Post-Harvey home repair permits quadruple
Building permits for residential remodeling more than quadrupled in the immediate aftermath of Hurricane Harvey, new data show.
Meritage Homes takes space in Westchase
NAI Partners closes out investment fund with retail purchase
NAI Investment Fund, an investment vehicle launched by NAI Partners in 2015, has added a retail property to its portfolio with the purchase of Spring Park Village in Spring.