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J. Kirby Snideman, AICP
CDS Community Development Strategies
The US population growth rate is currently around 0.7%. US GDP growth during the 4th quarter of 2015 was 1.4%. Stock market growth of over the long term is generally expected at 6-7%. What do these growth rates mean and how can you quickly makes sense of them? This article explains the Rule of 70, a tool frequently used by urban planners to help the public quickly grasp the impact of growth rates--like Jeb Bush's 4% economic growth goal released last year.
CDS Community Development Strategies
The Energy Corridor District recently released the 2016 Land Use and Demographics report, completed by CDS Community Development Strategies. This report presents a complete profile of the population and development located within the boundaries of The Houston Energy Corridor. CDS has completed a similar report for the Energy Corridor over the last several years.
The Energy Corridor District 2016 Land Use Map
CDS Community Development Strategies
Last night at St. Arnold's Brewery near Downtown Houston, CDS released the latest edition of the Lot Price Survey. The event was well attended by representatives from the area's residential development industry. Beer and BBQ were served, and a presentation was given summarizing the latest trends and findings from the survey. For those who missed the presentation, you can watch it here.
The Greater Houston Area Lot Price Survey is a semi-annual report published each April and September. The survey features detailed information on selected active single-family subdivisions throughout the Greater Houston Area. For more information, visit our Lot Price Survey info page.
For a PDF copy of the event presentations, click on the links below:
Houston Area Lot Price Survey - Key Findings TxDOT Houston Area Roadway Projects Briefing CDS Community Development Strategies "The Heights at Westchase, the first of three new apartment projects to open in Westchase, adds an upscale rental option to the west Houston business district..."  The Heights at Westchase, Source: The Houston Chronicle "The Heights at Westchase and two other projects will add 827 units to Westchase and give it a total of 54 apartment complexes. Richfield Real Estate Corp., a sizable property owner in Westchase, is more than doubling the size of Portico at West8 3003 Seagler Road by adding 296 units for a total of 526 units..."
"A report commissioned by the Westchase District two years ago, before the tumble in oil prices and subsequent cutbacks at energy companies, showed the region was more than 7,000 units short of having enough Class A units to serve its workforce. That means many of the people who work in the Westchase area rent apartments elsewhere." For the full article see the link above.
CDS Community Development Strategies
CDS participated as a sponsor and exhibitor at the Urban Land Institute's 2016 Suburban Marketplace. For its booth, CDS went with an election year theme, and parodied several famous slogans from past and present campaigns.
The event took place at the Waterway Marriott Hotel & Convention Center in The Woodlands Town Center, and consisted of several morning tours of nearby development, a lunch speaker, and two sessions with expert panels discussing current topics of interest. CDS has been a long time sponsor of the ULI, whose mission is to to provide leadership in the responsible use of land and in building sustainable, thriving communities.
Consider yourself a U.S. History / Politics buff? Try and guess the original campaigns which inspired the buttons below.
Steve Spillette
CDS Community Development Strategies
Much has been said recently about the relationship between Houston and the price of oil. While most agree that the local economy is more robust than it once was, many are still wondering just how big an impact low oil prices will have. One way to answer this question is to look at how the region was impacted by high oil prices in the recent past. The synopsis: it added over 100,000 six-figure income households—something future growth is not expected to duplicate any time soon.
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