|Downtown Houston Q4 2016 key market highlights||Downtown Houston Q4 2016 key market highlights||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=16166||2017-03-28T05:00:00Z||2017-03-28T20:30:00Z|
HOUSTON – Downtown Houston has just released its Year-End 2016 Market Update.
According to the update, 2016 marked a year of unprecedented construction activity, with a total of 48 new projects (completed, under construction, and planned).
Seventeen new projects were completed including:
- 1,555 residential units, 1,680 hotel rooms, 595,000 SF of office space, and 26 new restaurants.
Another 31 projects are underway or planned, bringing:
- another 3,259 apartment units and condos downtown,
- 665 hotel rooms,
- 5.5 million sf of new office space,
- over 15 restaurants: and
- a new HISD magnet school, and two new parking garages.
|DowntownHouston.org||Houston-The Woodlands-Sugar Land||Market Overview|| http://downtowndistrict.org/static/media/uploads/attachments/downtown_market_update_q416_eoy.pdf|
Check out more Houston Market Overview Research.
See Downtown Houston Market Update Year-End 2016 (PDF).