The dynamics of Downtown Houston have changed considerably since 1998, thanks to some major new developments along with the restoration and revitalization of older buildings into residential properties, entertainment venues and imaginative workspaces. All of this has created an exciting and livable environment and drawn more and more people into the area.
During the 1980s, Downtown Houston’s resident population
increased from approximately 1,200 to 1,400. By 2001, the downtown area had added almost another 1,000 urban dwellers specifically due to loft renovation projects.
Downtown offers a wide variety of lifestyle options with loft and traditional high-rise condominium residences for purchase and for lease. Several developers have restored or are converting older, historic buildings such as the Bayou Lofts, Capitol Lofts, Commerce Towers, Franklin Lofts, Hermann Lofts, Keystone Lofts, Kirby Lofts, St. Germain and San Jacinto Lofts Downtown. On the popular East Side, an area formerly occupied by warehouses, developers are converting projects like Live Oak Lofts or building new projects such as The Stanford and Lofts at The Ballpark.
The central location and simplicity of high-rise and loft living remains a favorite choice for urban professionals, empty nesters, traveling families, reverse commuters and executives searching for the security, low-maintenance, and uncomplicated existence that it offers. These projects tend to be priced for the mid to upper income level range.
Houston’s vibrant Theater District, a 17-block area in the heart of Downtown, is home to eight world-class performing arts organizations, as well as a 130,000 square-foot entertainment complex with concert hall, restaurants, movies, plazas and parks. Downtown also includes a number of chic new hotels, Minute Maid Park, Toyota Center, Houston Pavillion, over 200 restaurants and clubs, shopping and entertainment, the fabulous Discovery Green across from Houston’s thriving Convention Center, and even more exciting development to come.