Jump to content

Houston?

Full Member
  • Posts

    284
  • Joined

  • Last visited

Posts posted by Houston?

  1. Luminare, I'm sorry, but you're saying you work in the real estate industry or oil industry? If it's the real estate industry, what swtsig is saying is very consistent with what everyone in the CRE industry is worried about right now.. if not publicly, internally they are. CBRE released a (internal?) report literally today (12/11/2014 now) how they have a positive view of the United States real estate market as a whole (lower oil prices = more consumer spending, possibly increased spending on buying homes and on renovations); however, Houston is now one of the very dark spots. Doesn't matter if oil prices recover shortly... this drop has spooked many investors. 2015 is going to be a tough year. We'll have all these continued construction projects, but don't expect much newer development to materialize. It's a hard truth to shallow... your remarks are very similar to the same comments I saw in this forum in early September 2008 and, during that time, I doubted all the naysayers. I don't think it will be that dramatic at all but a slowdown is absolutely in our midst. Though this project is beautiful, it probably won't make it through. But here's hoping for the best!  :)

     

    How is that with anticipated 70,000-60,000 additional jobs in that year?

  2. I'm sure it will also, it's just the question of if people want to travel those extra miles for the same store. Rosenburg is big enough to support it alone though, maybe not as much as this one.

     

    I'll look at it like the ones in Katy and Cypress, since those two malls are on your way of or into Houston.

  3. Their Fairfield outlet Mall (Houston Premium Outlets) is one of their highest grossing projects in Houston. Try are definitely not going anywhere soon. Closed malls, those are a different story.

    Yes I would say more likely than the one in Richmond/Rosenburg.

     

    I was thinking that this one, FOR SURE, was going to be the one to be developed.

    • Like 1
×
×
  • Create New...