Biggest Clusters of New Apartment Construction Going Up Right Where You Would Expect (and a Few Where You Wouldn't)
Houston has experienced an explosion of growth over the past five years. As a result, housing costs have skyrocketed and rent has escalated right along with it. Yet the demand continues with no end in site. Some have suggested this is a real estate bubble, while others are more cautiously optimistic, saying the city's traditionally low rent and home costs are now just coming in line with the rest of the country. Whatever the case may be, a lot of new construction for both homes and apartments are is cropping up all over town.
Google Maps Lots of new apartment construction inside the loop.
For new multifamily construction, you probably won't be surprised to find that the bulk of it is occurring in downtown, Midtown, the Montrose area, the Washington Corridor and near the Galleria. To illustrate that, Erin Mulvaney of the Houston Chronicle created a Google map of all the new apartment construction around the city.More »