Downtown Houston Real Estate
Downtown Houston real estate is hard to acquire because of its
high prices. Yet the countless offerings of downtown Houston would be hard to
beat. Downtown Houston is alive with countless business establishments such as
restaurants, bars and hotels, sports venues, and art hubs.
Houston real estate brokers all agree that downtown Houston real estate
properties are quite a hot commodity owing to the sprawling establishments all
trying to squeeze themselves in such a small land area. Aside from business
establishments, major industries have also set ground in downtown Houston and
are believed to be key players in the limited career market that Houston offers.
There are also residential high rises and apartments across downtown Houston
whose rates are also quite expensive. A lot of Houston's workforce often chooses
to live in downtown Houston suburbs and face heavy traffic conditions going to
and from work.
One of the possible reasons for the high demand for downtown Houston real estate
would be the significant increase in downtown Houston population. A whopping 300
percent population increase in the number of people who live within downtown
Houston city limits makes it the top city in terms of population increase.
Despite the heat and humidity of Houston, downtown Houston's business and dining
industries are thriving. To combat the harsh Houston heat, a lot of shopping
centers have resorted to vast underground shopping complexes to accommodate more
people at lesser air conditioning and management costs.
Developers who have realized the promise of putting up buildings in downtown
Houston have spent billions of dollars to transform then unnoticed downtown
Houston areas. This includes the construction of three major highways for
greater accessibility and convenience. Even residential real estate firms have
transformed many historic buildings and landmarks into swanky residential lofts
with prices that are sky-high.
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