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Jonathan Brinsden On Trends In Urban Development And Urban Living

Jonathan Brinsden talks housing trends, the 2017 Super Bowl and about those Millennials.

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Jonathan Brinsden
Jonathan Brinsden, CEO of Midway and co-chair of the ULI’s spring meeting.

The Urban Land Institute is holding its national spring meeting in Houston next Wednesday and Thursday. The event brings together real estate professionals and elected leaders to address some of the most pressing problems of urban development.

Jonathan Brinsden is the CEO of Midway, a Houston-based development and investment firm. He’s also co-chair of the ULI’s spring meeting.

Brinsden joins Andrew Schneider this week on the Bauer Business Focus.

 

Trend highlights:

How do lower oil prices affect the outlook for Houston real estate investment?

“Outside capital and outside investors…[are] in a little bit of a ‘wait and see,’ but I think the reality is, if you take a long term perspective, everyone feels that Houston’s an incredible opportunity — that at some point, oil prices will correct.”

Is the 2017 Super Bowl a driver for development?

“It’s like having a party at your house. You get your ‘honey-do’ list done before the big party — a lot of what you see going on is that, whether it’s infrastructure projects, or what have you.”

Are Millennials changing the focus of real estate development?

“Millennials…are driving, really, a new focus on urban living in Houston and really living in more dense environments.”