Jun 8, 2016
Retail follows housing boom in Humble, Kingwood
HUMBLE, KINGWOOD - Several new shopping and grocery options are coming to the Lake Houston area as commercial developers venture farther north and south of Deerbrook Mall on FM 1960. Four...
HUMBLE, KINGWOOD – Several new shopping and grocery options are coming to the Lake Houston area as commercial developers venture farther north and south of Deerbrook Mall on FM 1960. Four large-scale retail-anchored developments are under construction as developers target the area’s rapid population growth, relatively uncongested traffic arteries, and a high availability of undeveloped land.
The Lake Houston-area population is projected to increase by more than 30,000 people between 2015–2020.
“Retail follows rooftops,” Charlie Dromgoole, senior vice president of economic development for the Lake Houston Area Chamber of Commerce, said. “It’s almost a chain reaction. You’ve got good schools, lots of land, and good transportation. It all starts flowing when the housing starts flowing, and the retail follows.”
In This Article
Topics
You might also like
SUBSCRIBE TO OUR
Publications
Receive our economic and housing reports and newsletters for free.