Empty Downtowns, Blue-state Exodus Continues, and HTX Port Expansion
Empty downtowns persist as data shows strong economic incentives to continue the work-from-home revolution if jobs allow it, plus Houston port expansion seems to be paying off.
Tory Gattis is a Founding Senior Fellow with the Center for Opportunity Urbanism, and co-authored the original Opportunity Urbanism studies. Tory writes the popular Houston Strategies blog and its twin blog at the Houston Chronicle, Opportunity Urbanist, where he discusses strategies for making Houston a better city. Tory is a McKinsey consulting alum, TEDx speaker, and holds both an MBA and BSEE from Rice University.
Empty downtowns persist as data shows strong economic incentives to continue the work-from-home revolution if jobs allow it, plus Houston port expansion seems to be paying off.
Time for our annual round-up of 2022 highlights — the best posts from the year, with this year featuring many great posts from Oscar Slotboom.
TxDOT highway construction inflation is consistent with infrastructure cost increases nationwide, showing a sharp upward trend in project costs from 2021 to 2022.
Houston’s METRO could reconsider eliminating transit fares – and save the cost of an upcoming huge contract to upgrade their payment system. METRO would have to be willing to be bold, to innovate and experiment in order to maximize the benefits and minimize downsides.
Average transit ridership nationwide remains down 33.4% in September compared to pre-Covid levels, but Houston Metro is doing better.
by Tory Gattis — Houston’s TIRZs (tax-increment reinvestment zones) may provide more opportunity for middle and working class families to find affordable housing than typical urban zoning practices.
Toll revenue recovery at Harris County Toll Road Authority (HCTRA) is strong, but admin costs have skyrocketed since 2020.
by Tory Gattis — This piece covers the “freeway fighters”, a growing anti-freeway movement in America which will have many negative ramifications for the economies of metro areas.
Houston transit opponents worry that construction of the University Line will snarl traffic, invite unwelcome development and cripple local businesses.
by Tory Gattis — Houston has the highest purchasing power at the lowest cost-of-living in the world… aka the highest standard of living in the world.
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