Retail is coming to Downtown Houston.
Thanks to Houston’s growth as a tourist city and its place on numerous publications’ “Best Places to Live” lists in 2012, visits to Houston are increasing and downtown commerce is booming and thriving.
Downtown Houston features some of the city’s most prime commercial real estate. The downtown area is home to some of the city’s hottest shopping districts and indoor malls, like the midtown district and the Houston Pavillions. New on the market, the historic downtown Macy’s building offers a prime location in the center of the shopping district. The building is a direct stop on the downtown MetroRail.
Travel to the edge of downtown to experience trendy midtown district dining, and duck into one of the area’s many locally-owned boutiques. Buy retail space in this area to reach a socially conscious younger crowd.
The true heart of the downtown shopping district is in Main Street Square. Just across the street from the old Macy’s building, the new Houston Pavilions has become a hub for Houstonians to eat, drink, and be merry. The mixed-use shopping center includes retail stores and entertainment venues like Forever XXI, BCBGMAXAZRIA, House of Blues, and Lucky Strike Lanes & Lounge. Downtown shopping lovers can also visit The Shops at Houston Center located just two blocks away to get their fix of stores like Jos. A Bank, Dress Barn, and Radio Shack. Both shopping centers are currently leasing retail space.
As more conventions and tourist vacations are booked every year in downtown Houston, foot traffic and the need for retail will increase. Local and national retail business owners should act now in order to meet the demand.
Retailers should look to move downtown within the next two years. Downtown’s quickly changing landscape is sure to become a hotbed for profitable commerce. Those interested in moving into a downtown retail space should buy or lease now!
To learn more about opening a business, buying or leasing a retail space in Downtown Houston, visit http://downtownhouston.org/retail/starting-a-business/.