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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