Real Estate - International Management District

Real Estateclabod2020-03-09T22:06:21-05:00

The International Management District also affords a diverse commercial real estate market with all land uses strongly represented. There are many retail centers along all principal streets, some office space, substantial industrial space in the southeast portion, and over 16,000 apartment units in the District. Average 2010 occupancies were impacted adversely by the economic recession but have been recovering lately.

2010 Real Estate Market Data International Management District

Land Use	No. of Properties	000 Sq.Ft. (000 Sq.M.) or Units	Avg. Occupancy
Retail Centers	115	6,097.3 (564.6)	86.0%
Office	15	721.9 (66.8)	89.6%
Industrial	94	4,681.3 (433.5)	90.2%
Apartment	61	16,112 u.	80.6%

Source: O’Connor & Associates

Our Purpose

The purposes of the International District are to enhance the physical, social and economic well being of the community. The District is empowered to finance projects related to public safety, mobility and transportation, environmental and urban design, and business and economic development.

Our Service Plan

Projects for the first ten years will focus on mobility and transportation, environmental and urban design, public safety, and business development.

Our Projects

The International Management District is undergoing a transformation from being the western extension of Houston’s Chinatown or, as some prefer, Asiatown, to a broader American and international community ideally suited to working, shopping, dining and living. To help bring about this change, the District has several major improvement projects underway or planned to enhance mobility, attractiveness and quality of life in the community.