Author: Jeff Jeffrey

The 221-room hotel at 1540 Leeland St. is expected to be completed by the third quarter of 2024.

The multifamily development was driven by the huge amount of construction underway in and around the Texas Medical Center, which is expected to create tens of thousands of jobs over the next few years.

The $5 million decrease to the home’s asking price includes two previous price reductions in September 2021 and August 2021.

While still well below the No. 1 ranking the city received in the 2015 report, this year’s ranking is a sign that real estate professionals are starting to view Houston more positively than in the past few years.

Among major cities, Houston and Memphis trailed only Philadelphia in the number of ZIP codes that reached renter-majority status in 2020.

“Our new space — larger with increased exhibit and event space — will be our berth for the next several years as we work to raise the funds needed to expand our footprint on the banks of the bayou in future phases of East River,” said Houston Maritime …

With the addition of Texans Fit as its anchor tenant, The Allen Lifestyle Pavilion is now 100% leased, DC Partners said.

With 208 properties containing coworking spaces, Houston came in at No. 8 on CoworkingCafe’s list, narrowly edging out Boston.

Houston Endowment President and CEO Ann Stern said the new 31,000-square-foot space offers far more opportunities for collaboration and will help the organization carry out its mission of supporting charitable organizations focused on public education …