Mar 14, 2019
DFW, Houston top metros for retail, hotel construction
CHICAGO – Two major Texas metros rank among the top areas in the U.S. for retail and hotel construction, according to JLL's 2019 Construction Outlook report.Houston ranks first in retail construction with 4.1 million sf...
CHICAGO – Two major Texas metros rank among the top areas in the U.S. for retail and hotel construction, according to JLL’s 2019 Construction Outlook report.
Houston ranks first in retail construction with 4.1 million sf of retail space underway. Dallas-Fort Worth follows at number four with 3.3 million sf in the pipeline.
Dallas-Fort Worth ranks third in 2019 hotel construction with 7,454 new rooms coming online this year. That makes up 5 percent of the entire national hospitality pipeline.
Houston ranks fifth in hotel construction with 4,576 rooms opening this year, and fourth for retail space under construction.
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