I had a really cool conversation with a few people today about why Greenspoint and North Houston suck.
Back in 1970s an old ExxonMobil subsidiary (Friendswood Development company) wanted to copy the Houston Galleria area. The idea was a big mall and office buildings that attracts people. And it was closer to airport so they thought it had an advantage. This created development in North Houston with new middle class neighborhoods and luxury apartment homes.
Then oil crashed. Oil jobs lost. Lots of foreclosures and lots of vacant apartments. And then government came to the rescue. Used the vacant apartments as section 8 housing. City of Houston annexed Greenspoint but there was no police station or fire station built. Lots of theft occurred at Greenspoint mall. More people left and more homes became government housing. When Houston recovered in the 90s and 2000s, Development occurred in the suburbs, not in Greenspoint or Alief. Compounding the problems were Katrina refugees. Now all the illegals I presume. Also lots of flooding in Greenspoint.
A few takeaways for me, government housing brings down an area. You need police. Too many apartments in an area is risky. They are fancy now but 20-30 years from now they won't be. The developer won't care by then, he needs the dense housing to sell commercial lots and let somebody else worry about it 20-30 years from now.
The 80s were rough on Houston. If you look at population growth, Houston is growing super fast until 80s and doesn't pick up again mid-90s. I think there's a chance Greenspoint and Spring area can grow again. The Woodlands and Conroe are becoming jobs center and if you don't want to live there, your best option is the Heights. That commute sucks. Hopefully it brings more development along 45 because from 610 to the Woodlands, 45 is a disaster.
Back in 1970s an old ExxonMobil subsidiary (Friendswood Development company) wanted to copy the Houston Galleria area. The idea was a big mall and office buildings that attracts people. And it was closer to airport so they thought it had an advantage. This created development in North Houston with new middle class neighborhoods and luxury apartment homes.
Then oil crashed. Oil jobs lost. Lots of foreclosures and lots of vacant apartments. And then government came to the rescue. Used the vacant apartments as section 8 housing. City of Houston annexed Greenspoint but there was no police station or fire station built. Lots of theft occurred at Greenspoint mall. More people left and more homes became government housing. When Houston recovered in the 90s and 2000s, Development occurred in the suburbs, not in Greenspoint or Alief. Compounding the problems were Katrina refugees. Now all the illegals I presume. Also lots of flooding in Greenspoint.
A few takeaways for me, government housing brings down an area. You need police. Too many apartments in an area is risky. They are fancy now but 20-30 years from now they won't be. The developer won't care by then, he needs the dense housing to sell commercial lots and let somebody else worry about it 20-30 years from now.
The 80s were rough on Houston. If you look at population growth, Houston is growing super fast until 80s and doesn't pick up again mid-90s. I think there's a chance Greenspoint and Spring area can grow again. The Woodlands and Conroe are becoming jobs center and if you don't want to live there, your best option is the Heights. That commute sucks. Hopefully it brings more development along 45 because from 610 to the Woodlands, 45 is a disaster.