Posted on May 19, 2009 | Tagged in: NAHB , economy
Newfound hope is now in sight for the Houston housing market, helping it get back on track after its economic slump.
The National Association of Home Builders has recently issued an index reporting an increase in the confidence levels measured among U.S. homebuilders, which rose from 12 points in April to 14 in May. The numbers have been increasing slowly and steadily since February, and have reached their highest in the past eight months, marking a shift in a positive direction.
Posted on May 14, 2009 | Tagged in: Mischer Development , builder
The Interfin Companies LP has announced the opening of one new retail store and one new restaurant at Vintage Park. Jeanne’s Monogramming & Gifts and Peli Peli are now open for business.
For the last 12 years, Jeanne’s Monogramming & Gifts, which is relocating from its Louetta Rd. and Champions Dr. location, has specialized in unique monogrammed and embroidered items. Meanwhile, Peli Peli is an upscale casual restaurant located in the central Piazza at Vintage Park. Vintage Park is also featuring live music on the Piazza from 7-9 p.m. on Thursdays and Fridays.
Source: Houston Chronicle
Posted on May 13, 2009 | Tagged in: economy , business
After the record-high levels in April of foreclosures throughout the nation, May is looking to be the month of changes, with Texas in the lead.
The U.S. Foreclosure Market Report by RealtyTrac has estimated that one in every 347 housing units received a foreclosure notice last month, about 342,000 properties, the highest record in the last four years. In the same report, Texas showed 11,314 properties in the foreclosure process, a high amount due to the large size of the state, and therefore its corresponding population and number of homes.
As of May 13th, the percentage of foreclosures throughout the state has declined by 9%, indicating that Texas is performing better in the housing market than many other areas of the country.
These percentages have been on the rise for the past several years, peaking now because the economic stress on the housing market. With this new development spreading in Texas, it seems hopeful that national foreclosure rates will begin declining in the near future as well.
Source: Houston Business Journal
Posted on May 8, 2009 | Tagged in: Lone Star College , education
Lone Star College System has purchased a large portion of the Hewlett-Packard campus in northwest Harris County to expand its higher education programs and bring university-level courses to this part of the Houston area.
The acquisition included eight buildings totaling 1.2 million square feet of space near Texas 249 and Louetta. That's equivalent to a downtown skyscraper and more than double the size of Lone Star's newest and largest college, LSC-CyFair, which has more than 12,000 students. More than a year ago, HP put over 2 million square feet of building space and about 20 acres of land up for sale as part of a cost cutting and consolidation plan.
Posted on May 7, 2009 | Tagged in: Mischer Development , community
Mischer Development, developers of Cypress Creek Lakes in Cypress, TX, and River Park West in Richmond, TX, prides itself on shaping communities to enrich the lives of its residents. This goal is achieved through careful planning and execution of the master plan of each of its communities. Mischer designs communities with a wealth of amenities like swimming pools, playgrounds, hike and bike trails, lake and water features, sports fields and on-site schools. With prices starting at approximately $200,000 in each of its communities, Mischer has created communities that are not only beautiful, but also affordable.
Posted on May 7, 2009 | Tagged in: Mischer Development , builder
The Greater Houston Builders Association has named Roy Behrens with Mischer Investments, LP. Developer of the Year for 2008. Roy has been a longstanding and hardworking member of the Developers Council for many years. He is committed to his profession as he quietly works within the industry with an uncompromising level of professionalism. Roy, as Vice President, has been with Mischer Investments for 33 years and has completed over 30 developments in and around the Houston Area.
Roy has been active not only within the GHBA but also in the formation of regulatory policies concerning Harris County, actively participating on the Harris County Monumentation and Landscape task force as well as representing the Community Developers Council on the Harris County Frontier Drainage Committee. Roy’s current activities include the West Houston Associations Plan 2050 committee on regional wastewater initiatives, President of HCMUD #196 and is an advisory committee member of the Houston Community College West Campus. He has also been a member of the Advisory Committee for The Association of Water Board Directors since 1985.
Posted on Abr 22, 2009 | Tagged in: business
Houston Business Journal - by Allison Wollam Reporter
Pizza Fusion, an organic, environmentally-friendly restaurant chain, is planning to open its first restaurant in the Houston area in November. The restaurant, located at 118 Vintage Park Blvd., will be the first certified organic restaurant in Harris County.
Posted on Abr 17, 2009 | Tagged in: business
Starwood Hotels & Resorts Worldwide Inc.’s new element hotel concept is now accepting guests in northwest Houston.
The 123-room element Houston Vintage Park hotel, the first element property in Texas, is located in the 84-acre Vintage Park lifestyle center at Louetta Road and State Highway 249.
Posted on Abr 8, 2009 | Tagged in: charity
Mischer Foundation
The Mary A. and Walter M. Mischer, Sr. Foundation has been a vehicle for improving and enriching the lives of others for many years. To find out more information about the Foundation, click here.
Posted on Feb 4, 2009 | Tagged in: business
Mia Bella Trattoria opens in Northwest Houston
Popular downtown restaurant Mia Bella Trattoria, with branches on Main Street and on Lexington, is now treating diners in Northwest Houston.
Mia Bella Vintage Park, located at State Highway 249 and Louetta, opened on Feb. 2.
Vintage Park is a theme-designed center built by the same company that created the Italian town format in Uptown Park.
Mia Bella serves a variety of pasta, seafood, meats and vegetables, all made with Italian ingredients.
This addition brings owner Youssef Nafaa’s Bella Restaurant Group tally to eight restaurants in operation and another scheduled to open in about six weeks.
