australopithecus robustus said:
This apparent over expansion in every sector will have a correction to be sure.
Particularly the restaurants, given this metro area's uncharacteristcially low retail spending per capita. (Per the Texas A&M Real Estate center studies)
I think part of the problem is a lot of spending per capita is that people go to Houston for shop, which increases theirs and decreases ours. If we had better restaurant and retail options, then maybe that will change. That's why I hope Century Square succeeds, as well as other higher-end restaurants (Saltgrass is still staying steady, that's a good sign).