Thursday, January 10, 2008

2008 Construction Outlook For Texas

Report:

Cranes also tower over downtown Austin, where currently more than one dozen hotels, condominiums and mixed-use high rises are under construction along Lady Bird Lake. The idea of work downtown/live downtown is another way that Austin is combating traffic congestion on its freeways. On the other hand, Austin’s neighboring counties, Hays and Williamson, are in the top 100 fastest-growing counties in the nation for housing units and retail/light commercial.

Houston

Although new highway projects in the Houston area will remain down, building in the surrounding suburban counties will continue strong in 2008. Fort Bend and Brazoria counties on Houston’s southwest side, with their growing communities of Katy, Sugar Land and Pearland will continue as a hotbed of residential and light commercial construction.

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