“If the legislature does not have the courage to put this issue on the ballot, then we will start a petition drive to have it done,” he said.
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In addition to this new development on the fringes of Houston, Kohl’s also entered the market, building 12 freestanding locations throughout the area last year. Multi-tenant construction has dwindled except for groceryanchored product in well-located high-growth areas such as Pearland and The Woodlands.
Similar to San Antonio, the Houston retail market saw Albertson’s vacate the market where locally the effects were less severe conveyancing solutions Four competitors purchased 27 of the 43 former Albertson’s locations, compared to 8 stores of 23 in San Antonio, where 6 alone were purchased by HEB.
The new Super Wal-Mart grocery concept now being tested in Houston may tilt the grocery industry away from Community and Neighborhood centers, as was seen in Oklahoma City. While Houstonians are not as well known for their shopping penchant as the residents of Dallas/Fort Worth, the greater disposable income does draw new retailers to the market and keeps demand for retail product at a steady pace.