Missed any of our articles from last week? Take a look at what you might have missed from Community Impact’s coverage areas in Houston from July 17-21.
Construction for new Katy-area 294-unit apartment complex to begin September
The $62 million, 294-unit multifamily development will be located at the intersection of West Aliana Trace Drive and Fairbairn Way, across the street from Fort Bend ISD’s Malala Yousafzai Elementary School. The project consists of 11 two- and three-story residential buildings and a leasing center, according to the news release. Floor plans include studios and one-, two- and three-bedroom apartments, ranging from 594 square feet to 1,482 square feet. Some apartments also come with an attached garage.
Read the full story by Intern Irene Zheng.
Large food distribution building sells in Sugar Land amid restaurant industry boom
Partners Real Estate, an independent commercial real estate firm, joined forces with Transwestern Co. to facilitate the sale of a 50,000-square-foot food distribution building in the Sugar Land Business Park to Gearment Investments LLC. The facility, located at 12501 Cardinal Meadow in Sugar Land, is equipped with advanced freezer and cooling technology and is poised to cater to the growing demands of the food distribution sector in the region, according to the release.
Read the full story by Reporter Joe Edwards.
Residents, legislators fight increasing property appraisals
The average taxable value of a house in Galveston County has increased from $119,891 to a projected $249,097 in 2023—a 107.77% increase in 11 years. Despite consistently declining county tax rates, the average county tax bill has increased from $719.24 in 2012 to a projected $915.59 in 2023.
Read more by Editor Jake Magee.
11 new businesses now open in Tomball, Magnolia
Tomball and Magnolia has seen a variety of businesses open up in the last several months.
Read the full story by Reporter Lizzy Spangler.
Why Houstonians may be hearing mixed messages about the economy
Geography, political leanings and personal experience all impact how one perceives or reports on the state of the economy, said Patrick Jankowski, senior vice president of research for the Greater Houston Partnership. Someone living in Houston, where 140% of jobs lost in the COVID-19 pandemic have been recovered, may be more optimistic about the economy than someone living in New York City, Boston or Los Angeles—cities that have just recently recovered jobs lost, Jankowski said.
Read the full story by Editor Danica Lloyd.
