Those viewing the growing plethora of building cranes in Houston might remember another time during which such cranes also proliferated – the 1980s. And those with long memories might remember the outcome of that other time, which was a long-term real estate bust.
But according to a couple of experts who will be speaking at the upcoming RealShare Houston's "Development in Houston" panel, things are vastly different between then and now. For one thing, the demand for industrial and office space is much more prevalent. These experts tell GlobeSt.com that overbuilding isn't an issue – in fact, the problem could be not enough space.
Read more...Going As Fast as its Built: Development in Houston - Daily News Article - GlobeSt.com