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Houston (Houston Chronicle by Andrea Leinfelder) – October 18, 2018 – City Council on Wednesday approved more than $18.8 million for the Houston Spaceport to begin developing streets, water, wastewater, electrical power distribution facilities and other basic infrastructure. These are necessary to attract future development to Phase 1 of the Houston Spaceport, which is located at Ellington […]
HOUSTON (Houston Chronicle) October 9, 2018 -– Members from the Grand Parkway Infrastructure met this month to discuss the continued expansion of the $1.28 billion toll road project. The next phase, an $894 million project, will be the largest highway loop in the United States when it is completed, according to the Texas Department of […]
HOUSTON (TA&M Real Estate Center) – September 18, 2018 – The Bayou City had its eighth consecutive year of positive absorption for the local industrial market. Net-occupier demand was 1.2 million sf last quarter, bringing the year-to-date absorption total to 4.8 million sf. The construction pipeline grew by 3.6 million sf in new starts over […]
AUSTIN (Houston Chronicle) – August 24, 2018 – Texas installed over 2,300 megawatts (MW) of wind power in 2017, more than any other state. According to the Department of Energy, the additions push the state to nearly 22,600 MW of total installed wind power, the highest in the country. The additions are lower than the […]
COLLEGE STATION (Real Estate Center) – August 7, 2018 – Texas’ economic expansion continued amid increased activity in the goods-producing industries, but rising input costs, resulting from domestic tariffs, could deflate the rate of growth. According to the Real Estate Center’s latest Outlook for the Texas Economy report, employment growth moderated to more sustainable levels […]