Houston -- the town that once prided itself on knocking down the old to build the new -- is returning to traditional real estate values.
"Real estate development in the fourth largest city in the United States has gone back to the basics the three "Rs" of renovation, redevelopment and refurbishment. Entrepreneurs in the metropolis known around the world for its sleek skyline dotted with futuristic buildings, such as the trapezoid-shaped Pennzoil Place and the cathedral-like Bank of America Center, have discovered that new is not necessarily better.Instead, in a place that prided itself for knocking down the old to make way for the new, real estate developers and builders have opted for the old. Renovation, redevelopment and refurbishment have become a major driving force."
Thanks to ULI Digest
FULL STORY: Space City returns to the ‘3Rs’ of real estate

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
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