 |
|
A Publication of Guidry News Service |
|
|
|
|
A Publication of Guidry News Service |
The board of directors of the Houston Downtown Management District held their monthly meeting on Thursday, January 15. The board reviewed recent events inaugurating downtown Houston's light rail system and plans for efficiently moving visitors as well as downtown residents and workers during the upcoming Super Bowl XXXVIII activities and game. Bob
Eury, executive director of HDMD, said that a plan for bringing people
into downtown will emphasize the use of light rail and trolleys and
special Metro circulator buses. Guy Hagstette, director of capital projects and planning, fielded questions about the future of Houston's downtown office market in light of the positive changes in the downtown and recent vacancies due to the downturn in the "energy trading business" in Houston. "The
interesting thing that a lot of real estate companies are seeing is that
customers in the oil and gas business which is at historically record
high oil prices would be hiring a lot a people; they may be hiring those
people, but they're in India or Malaysia or wherever, not here,"
commented Board Chairman Paul Layne. "And that globalization
of their workforce is something that America is going to have to really
deal with; certainly people in the office industry." All agenda items were approved. All votes were unanimous.
|