- Where Commercial Building Permits Have Been Filed in Houston for Harvey Damage [HBJ ($)]
- Average Houston Rent Up at Least $16 from Pre-Harvey Amount to $1,000 a Month, Finds ApartmentData.com [Houston Chronicle ($)]
- Today Is the Final Day Harris County Residents Can Apply for Disaster Food Assistance [abc13]
- Podcast: How Houston’s Drinking Water Stayed Safe During Harvey [Houston Public Media]
- Land Tejas Cos. Breaks Ground on Texas’ First Crystal Lagoon at Balmoral in Northeast Houston [HBJ]
- Atlanta Developer Oakmont Industrial Group Building 700,000-SF Spec Distribution Facility in Katy [HBJ ($)]
- About 52 Self-Storage Projects Currently Being Built in Houston, Finds Report [Culturemap]
- H-E-B Mentioned as Possible Tenant at Meyerland Plaza [Realty News Report]
- After 8 Years as a Food Stand, Melange Creperie To Open Its Own Standalone Restaurant on Oct. 16 at the Heights Mercantile [Houston Chronicle; previously on Swamplot]
- Texas Central Partners Hires Another Contractor for Dallas-Houston Bullet Train Project [HBJ ($)]
- Parking Near Minute Maid Park During Astros Playoffs Hits $80Â [abc13]
Photo of construction in West University: Russell Hancock via Swamplot Flickr Pool
Headlines
Re: HEB at Meyerland…
This is interesting to me because my mom used to work at, and retired from, Kroger. Her first store was in the old (original) Meyerland Plaza. For those who remember it, it was in the space occupied by the antique consignment store. To see a grocery store move back in there would be like coming full circle.
All it needs is a little movie theater and for JC Pennys and Palais Royale to remain (if they’re still there?) :-)
Re: Bullet train
…. or read it here without buying a subscription http://texasrailadvocates.org/2017/10/05/another-key-player-wsp-usa-joins-the-texas-bullet-train-consortium/
Re: H-E-B Mentioned as Possible Tenant at Meyerland Plaza
Thought this was just Nextdoor gossip!? That would be so weird to have an HEB in that shopping center. People on Nextdoor speculate that J.C. Penney won’t leave as that’s one of their flagship stores. Not sure where else it could go within the shopping center? Also, talk about an overcrowded parking lot! On the weekends, it’s hard enough to find parking space.
I am pretty much 100% certain that the listing photo is on West 22nd street in Shady Acres. I say this as I can see that site from my front window.
Although, I’m glad to see single family homes making a new comeback after almost a decade of nothing but stacked boxes, these two homes are candidates for narrowest gap between them. I would guess it’s maybe eighteen inches at most.
I just don’t understand the appeal of long-term storage units. Maybe if you’re moving or doing a remodel, sure – get some storage for a few months. But if it’s just crap you’ve accumulated because you think you’ll need it one day, you’re better off selling it on Craigslist, donating it, or burning it in a pile in your backyard. In the consumer age, a lot of Americans have adopted a hoarder mentality that is borderline pathological – and expensive. The same is true for getting a four car garage and extra closets in your McMansion so that you can use 2 of the spaces for your junk. You end up paying more in property tax on the extra square footage than the junk is worth.
But then again, I am the opposite and get a sick pleasure out of getting rid of stuff, so maybe I’m the ill one.
Re: Average Rent Up at least $16 from Pre-Harvey to $1,000/Month
.
If one’s rent was $984/month before Harvey to a cool $1,000 now, that is less than a 2% bump. Skip two Starbucks lattes/month, ease the pressure on your expanding waistline at the same time, and you’re golden.
The rumored spot for the Meyerland HEB is the bank spot across from Chik Fil A. I don’t get it, but whatever.
Man, I must suck as an investor. Our rents are down ~$18 vs. a few months ago. We also dipped 1% point in occupancy (even counting the units we gave people for free to help with displaced Harvey residents)
@tinyvoices: Really? That’s not going to work. Maybe in 3 months we can look back to see if you’re right though.
Meyerland doesn’t make a whole lot of sense for an HEB. The new, gigantor one in Bellaire is less than a mile and a half from there, so pumping that much capital into overlapping markets would seem to be a less than rational business decision. If they are really interested in serving the Southwest area then they should be going further South, around Westbury/Willowbend/Willow Meadows, or even down near W. Orem. There is actually plenty of open land available starting in Westbury, going down around 90 and Chimney Rock/Hillcroft.
Cody I am a small landlord. I didnt notice any increase in qualified renters after Harvey either.