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Luxury Projects in Houston and the Real Estate Market

More People Moving to the Suburbs

According the reports submitted by the Greater Houston Partnership, Houston city had created approximately 120,000 jobs last couple of years. These sectors include education, construction, healthcare, engineering, manufacturing including the boom in real estate industry. In addition to that some Houston suburbs are getting transformed into major cities, and the infrastructure of those places are constantly improving. On such area is The Woodlands where large numbers of companies are being set up there. Therefore, more people are shifting to this area and are purchasing properties.

New Projects in Houston

A luxury homebuilder in Houston plans to build a new residential property in River Oaks. This hi-end real estate company has proposed to construct patio homes in the conventional French style. These villas will have private driveways as well. In addition to that these home will have a private elevator, Wolf Subzero appliances, and lighting system with LED panels along with lighting control. The rooftop has an outdoor grill and fireplace that will overlook the River Oaks neighborhood. As a matter of fact, this project is expected to complete by 2016 and is done by Mazzarino Construction and Development Ltd. Plus Pelican Builders based out of Houston have proposed to construct a gated luxury house community next to Mazzarino’s project.

With real estate business fast growing in all corners of the world, Haidar Barbouti is a prominent real estate developer. Plus he is a humanitarian and a successful entrepreneur. In 1990, he established Highland Village Shopping Center, and he has handled redevelopment and to carry out day to day operations. Highland Village has a variety of shops including Kiehl;s, Victoria’s Secret, Banana Republic and much more. Apple store is set up there, and more customers are flocking to this place. He has been a leader in the operations of various real estate projects in Houston, Texas.

According to Nationwide’s Housing Markets reports, Houston has received a neutral score and it is one of the largest metropolitan housing markets. Moreover economic gains and job opportunities have kept the Houston’s real estate market moving at a steady pace. Sims Luxury Builders have thought about building forty unit condos in Uptown, and this project is named as Aurora. In addition to that, Alan Ritchie/ Philip Johnson Architects have been appointed to design the structure. Next to this, is the Interfin Cos project called Belfiore at the Wynden Drive.