Houston has experienced tremendous growth over the last few years, but the decline in global oil prices temporarily slowed some of the real estate development planned for the area. As reported in the Houston Chronicle, few parts of the city experienced this slow down as much as the Midtown neighborhood. Midtown continued to undergo slow growth even during the heights of the oil decline, but now the city is quickly recovering. Along with that recovery, Midtown is once again reaching levels of development that may dwarf its past growth. 

Previous real estate projects planned for the area are set to resume, with multiple mixed-use projects completing construction in 2018. Already in the past two years, major developments completed include Midtown Central Square and the Midtown Arts & Theater Center. Central Square brought a new 14-story officer tower to the area. Meanwhile, the Arts & Theater Center brought a new venue to the area for cultural performances.

Rendering courtesy of Parc @ Midtown

Also completed in the past year was the Parc @ Midtown, a 73-unit townhome development. These homes include multiple floorplans, with condos ranging in size from one to three bedrooms. Also included on the grounds is a 5,000-square-foot private park that residents can call their own. This park is set in the center of the community, affording quick access to all residents living on the property.

However, there is still much to look forward to for people hoping to move into the area. Located within a 10-minute walk, Elgin City Views has completed construction and is set to open soon. Composed of single-family homes and townhomes, Elgin City Views will offer floorplans averaging about 2,400 square feet in space. Positioned alongside Baldwin Park and near the Midtown Art Center, Elgin City Views will be in one of the most walkable areas of Midtown, which is already among the most pedestrian-friendly neighborhoods in Houston.

Just 10 minutes to the west, another anticipated residential area will open. Mid Main Houston, once completed, will be a mixed-residential area that will include shops, art galleries, live music areas, and restaurants, in addition to numerous living options. Mid Main Houston plans to take advantage of its position in a neighborhood that has traditionally been welcoming to art shows and the creative class of Houston.

Midtown saw several residential and commercial properties opening in 2016 and 2017, and 2018 looks to bring more of the same. With major residential properties either being completed or opening in 2018, Midtown is set to welcome a new wave of residents to the area. Alongside the many new stores and restaurants planned to open during the year, these residential areas will be in high demand due to their prime location in one of the city’s most popular neighborhoods.