Growth Expected After Tollway Expansion

Growth Expected After Tollway Expansion

HOUSTON (Houston Real Estate Observer) – A new section of the Sam Houston Tollway could benefit developers in the northeast part of the city after it opens in the next few days.

The 13-mile extension, which Houston real estate writer Ralph Bivins said completes the outer loop ”only 59 years after it began,” will run from near Bush Intercontinental Airport at US 59 to the east and loop to the southeast to connect at US 90.

The northeast section of the city has produced steady growth over the years but nowhere near the high-velocity new development that the rest of the area has experienced. Some expect that to change.

“The proximity to the tollway will pay off,” said veteran Houston land broker Stan Creech. “More will happen out there in the next five years than has happened in the last 25 years.”