Blighted to Brilliant: The Revitalization of Cities Across Texas and the Lasting Community impact

BY ANDREA SLAYDON

Abandoned buildings, decaying properties and vacant spaces bring about all sorts of problems for communities. From an increase in crime to plummeting property values, it’s really something that impacts us all across the board. Luckily, some see these blighted areas as a chance to create a win for everyone. From Houston to Dallas and Austin to Fort Worth… once neglected areas are now thriving places for the community. It’s not just changing the landscape of these cities, but it’s bringing in money for businesses, investors and real estate companies.

Click to read the rest of this Article.

The Future of Shopping Centers ICSC Highlights

 BY ANDREA SLAYDON

What is it about a shopping center that makes it successful? Big named stores? Well-known restaurants and entertainment? The formula that has worked in the past is changing and experts say, of course, it all comes down to what the consumer wants. This sign of the times also points to the end of the traditional shopping mall. These were just some of the highlights from the International Council of Shopping Centers Texas fall 2016 conference.

Click to read the rest of this Article.

Spacing out: Houston’s new spaceport promises endless development opportunities

BY BRANDI SMITH

International travel is about to take a wild detour, offering expedited trips just about anywhere in the world thanks to a network of spaceports cropping up all over the globe. One of those, the tenth in the U.S., is the Houston Spaceport at Ellington Airport.

Put simply, a spaceport is a site from which spacecraft are launched. Those craft could carry freight or passengers, depending on its intended use, though it’s likely space tourism will come first as a means of paying for future development.

 

Click to read the rest of this Article.

Finding its Center : How the Real Estate Center has changed the industry in Texas

BY BRANDI SMITH

There are few pieces of legislation that could pass through the Texas Legislature with unanimous votes, but one could also argue that there are few organizations as valuable to the Texas economy as the Real Estate Center at Texas A&M University.

“When our last funding increase went through, there was not a single vote against us in the Senate,” said Gary Maler, the center’s director.

Maler and those who preceded him in the position know the center’s challenges and triumphs, making the vote all that more satisfying.

“Unanimous. I’ll take that any day,” Maler said.

 

Click to read the rest of this Article.

Doubling down: The rapidly growing community of Converse offers unique development opportunities

BY BRANDI SMITH

Just 15 miles outside the second-largest city in Texas lies what might just be the state’s best-kept secret: the community of Converse.

“You may drive through Converse and you may not see a lot happening right now,” said Kate Silvas, executive director of economic development at the City of Converse Economic Development Corporation. “Trust me, there’s a lot going on behind the scenes.”

There’s also a lot front and center: 1,000 developable acres, $1 billion in buying power and $100 million in public investments.

“It’s just benefiting Converse tremendously,” said Silvas.

Click to read the rest of this Article.