Houston’s future? 26,000 new apartments

​​​​​​HOUSTON – Despite the weakening energy market, strong job gains in the leisure, hospitality, education, and healthcare sectors are keeping Houston’s job market vigorous which in turn favors household formation.

Approximately 26,000 new apartments in 95 rental developments are projected to come online in the Greater Houston metro in 2016 to meet the growing demand for rental housing. 

The largest apartment community to be completed in 2016 in Houston is Tate at Tanglewood—431 units to be added to the Galleria/Uptown submarket,

No. 2—Broadstone Energy Park—417-unit complex located less than a mile from Houston’s booming Energy Corridor.