With the increased attention being paid to some municipalities taking the lead on residential and commercial development, we continue to see many differences in their approach. The news that the Texas Department of Transportation is looking at the billions of dollars it would take to improve its overall transportation problem goes above and beyond what many of its municipalities are doing.
State projections show that Texas could add 9,000,000 more residents within the coming 25 years. Those that live, work, and/or visit the Dallas Metroplex and the Houston area are aware of how much traffic is already in place. Smaller towns also lack transportation other than cars.
Public meetings are already taking place around the State with more to come. If there are going to be locations where train stations and other transportation hubs are going to be constructed, there are going to be plenty of new opportunities. People may want to live near convenient transportation which would save car payments. Restaurants and retail benefit by the built-in audience. Real estate developers, investors, contractors, lenders, and brokers all have the potential for a lot of work and income producing opportunities.
In this case, it's not all fuss about a single location or community. Texas is a huge state, with the Dallas, San Antonio, Houston triangle encompassing hundreds of square miles and opportunities within that region alone.
Now is the time to increase your research and development so that your team can be "first in" on an opportunity which best fits within your wheelhouse. Let's talk!
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