This is officially the biggest construction boom since the 1980s (Houston: 2014, condos)

[TexasTallest]

There is currently 19 million square feet of office space under construction in the Houston area. About 36 percent of that is corporate-owned office space, and includes Exxon Mobil’s 3 million-square-foot campus in north Houston, Phillips 66’s 1.1 million-square-foot campus in Westchase and Southwestern Energy’s 515,0000 square-foot office building in Springwood Village, according to PM Realty.
About 5.4 million square feet of new space is expected to deliver by the end of the year, which will bring the yearly delivery total to 10.8 million square feet — far exceeding last year’s delivery total of 3.2 million square feet.

Houston office construction sees big increase with projects by Exxon Mobil, Phillips 66, Southwestern Energy - Houston Business Journal

[14Bricks]

I know they're building like crazy in the Galleria/Uptown area. Every time I look around I see a new construction crane.

[astrohip]

Just to clarify, biggest commercial boom. Single family is nowhere near the boom days of 2007/early 2007. We were starting 5,000 to 6,000 houses a month back then. Now it's around 2,500 or so.

Multi family is booming, but don't know any stats. I would guess it's at an all-time high.

But yeah, commercial is going nuts!

[TexasTallest]

Originally Posted by astrohip

Just to clarify, biggest commercial boom. Single family is nowhere near the boom days of 2007/early 2007. We were starting 5,000 to 6,000 houses a month back then. Now it's around 2,500 or so.

Multi family is booming, but don't know any stats. I would guess it's at an all-time high.

But yeah, commercial is going nuts!

true. is the single family really that much lower than 2007? i thought Houston was "building more new homes than all of California" now?

yeah multifamily is at an all time high i believe, ill have to search for an article on that.




heres an article saying the 30,000 homes Houston is projected to build this year is an all time record.

http://habitationrealty.com/houston/...ng-in-houston/

"Additionally, Houston is on track to build more than 30,000 homes this year — a record for the city, according to Metrostudy, a regional housing research firm."

[tstone]

Originally Posted by 14Bricks

I know they're building like crazy in the Galleria/Uptown area. Every time I look around I see a new construction crane.

All of this is 100% mass-produced, soulless construction with zero architectural value.

I know when it comes to energy/O/G etc, it has essentially been proven that creativity reduces profit... but a little bit of originality would be nice.

[TexasTallest]

Originally Posted by tstone

All of this is 100% mass-produced, soulless construction with zero architectural value.

I know when it comes to energy/O/G etc, it has essentially been proven that creativity reduces profit... but a little bit of originality would be nice.

what is so mass produced about the construction? SkyHouse River Oaks, sure.. that could be argued considering there are multiple others around the country. but everything else going up in that area is an original design as far as i know.

obviously you arent going to get many amazing office tower designs when companies care more about floor plates and cubicle wall heights, but then again what city has amazingly designed office tower proposals? the cooler designs are mainly in residential buildings these days, unless the developer is trying to drop money to make a statement building, like 609 Main.

[radiolibre99]

Are we looking at a Dubai style boom and then bust? Or are these buildings actually going to be occupied by long lasting commercial businesses? The O/G is set. I know that but the rest? Are they luxury hotels and condos that will lack the tenants ten years down the road?

My dad who owns a small contraction firm said that he hasn't been this busy in a long time. He doesn't even have the manpower to bid on all these jobs there is so much. But how long will all this last?

[DSL_PWR]

What goes up, must come down. Bigger boom just equals a bigger crash.

[TexasTallest]

You guys are depressing.. Lol. For real though, it seems like this boom is much more necessary than the wild boom of the early 80s

[westhou]

I as driving along Eldridge through Addicks Reservoir approaching I-10 and when you come over the hump leaving Addicks Reservoir the view of the EC skyline is pretty cool.

I wish the east side of town could see a building boom like this. Seeing a business district grown along the bay would like amazing.