Houston Short-Term Rentals Are A ‘Serious Problem,’ Mayor Says

Some Houstonians complain they have been living in a nudity- and drug-fueled nightmare for years due to bad behavior at neighboring short-term rentals.

Mayor John Whitmire says he’s ready to do something about it.

Owners of residences in the Museum District, Galleria area, Tanglewood and other neighborhoods are renting their properties out like hotels and should be regulated as such, Whitmire told KHOU 11.“I’m running into so many issues where they’ve been covered up or ignored for years,” Whitmire…

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Lincoln Property Co. Snags Land For Future Mixed-Use Development In Uptown Dallas

Lincoln Property Co. has snapped up a 4-acre parcel in Uptown Dallas where it plans to construct a luxury mixed-use development.

The Class-A project will be built at 2500 Cedar Springs Road and will include up to 500K SF of office, roughly 250 high-end apartments, a 200-key hotel and residential tower, and 25K SF of food and beverage retail. Plans for extensive green space are also included, according to a news release.

“This is without a doubt one of the best land sites in the country and we could not be more excited to bring another modern, Class A mixed-use development to Uptown Dallas,” LPC co-CEO Clay Duvall said in the release. “We’re thrilled to have acquired…

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Deadly Baltimore Bridge Collapse Is Latest Shipping Snafu That Could Push Up Inflation

When the nearly 1,000-foot-long cargo ship Dali slammed into Baltimore’s Francis Scott Key Bridge early Tuesday, it not only caused the critically important bridge to collapse and killed six people, it also became the latest shock to the nation's supply chain. 

The Port of Baltimore has been indefinitely closed to vessel traffic, and the bridge — which carried Interstate 695, a major East Coast trucking route — must be rebuilt. Those factors will likely have an impact on the U.S. supply chain but are unlikely to…

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