Close to 25,000 apartments units are currently in construction within the Houston area alone. Surprisingly, even the more expensive units are being rented out due to older couples preferring to sell their homes and move into more comfortable and less permanent apartment homes. With the demand in housing going up, retail locations also have an incentive to expand. With the new influx and promised future, many new retail locations are popping up all over Houston to facilitate and profit from the expected population growth. Chain grocers, clothing lines and athletic companies are all multiplying their store locations. The new retail market is something that hasn’t been seen in Houston before, with big name companies teaming up to build a new economy.
While the growth for multi-family homes is seemingly the most profitable new appeal, single-family homes also are growing in specific areas of Houston. Great amounts of land around the Grand Parkway area is being bought in surplus with predictions of new homes to be built in the near future. New freeways tend to spark this kind of growth by connecting markets with better transportation methods.
Haidar Barbouti is a prominent real estate investor throughout the world and recently has been active in multiple projects through the United States, including projects inside the Houston, Texas area. With more than 20 years of personal experience, Barbouti is a specialized professional in developing numerous real estate investments. Commercial properties, warehouses, shopping centers: he has experience in all areas of real estate. His philanthropy work for animals and children is represented by his generous donations throughout the Houston Community. The Highland Village Adoption Center was built for the intention of helping animals to get adopted.
The Highland Village Shopping Center hosts high-quality restaurants and retail stores. Barbouti owns the shopping center, and it is one of the first in Houston. His innovative ideas led large companies to bring their businesses to Houston, including big names such as Starbucks, Crate & Barrel and Apple. The Crate & Barrel building became iconic for its master architecture and aesthetic appeal. The Apple store is a recent addition to the Highland Village Shopping Center. Opening in 2012 to boost the spread of the new IPad release, the Apple store is one of the only Apple stores in Houston to include a “briefing room,” an area intended for business demonstrations to potential customers. As Houston continues to grow, so will the influx of traffic to the Highland Village Shopping Center and surrounding commercial businesses.