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Santa's Magi·Sphere was unveiled on November 27 in Sugar Land Town Square, where it will serve as a seasonal focal point for the 1.4 million-square-foot mixed-use district through Christmas Eve.
Retail owners bet on service-based daily needs retailers as a defense against e-commerce. Now, those retailers are among the hardest hit during the pandemic.
With remote work, local government approvals stymied, the effects of climate change reshaping the state and an eroding tax base due to the economic downturn, the future of tech funds is uncertain.
Industrial pricing has surged this year in response to ecommerce activity, but not all class-A industrial properties are equipped to accommodate online retailers.
The developer that leases Jungle Island from the city wants to build a 281-key hotel in a 110-foot tall building, although it can go up to 130 feet and 300 keys.
As hospitality continues to suffer and the housing crunch intensifies, many people wonder if housing might be a permanent answer for hospitality's struggles.