What effects have difficulties with bank financing stemming from the global financial crisis had on some of those big new developments planned for Houston? The Houston Business Journal’s Jennifer Dawson weighs in with a “Where Are They Now?” roundup:
- Regent Square: That big design change meant a year’s delay; the first parts of the 24-acre Inner Loop development are now scheduled to start construction in the second quarter of 2009. A marketing center will open at 1203 Dunlavy next month, but have some more official kickoff in February.
- Sonoma: “Called off — for now,” but you already knew that. According to Dawson, it wasn’t so much the banks but the developer that grew skittish:
