Retail is already making its comeback in quickly-growing Houston, Dallas and Austin
A view of downtown Austin, Texas. Photo via Ed Schipul and Creative Commons 2.0
After much of the national economy came to an abrupt halt at the beginning of the pandemic last year, Texan leaders were initiating plans to start reopening the state as early as May 2020. Then on March 2 of this year, Governor Greg Abbott signed a sweeping executive order that rolled back virtually all restrictions and superseded federal guidelines about business reopenings and best practices.
And while there was some ebb and flow to the ongoing challenges for retail throughout last summer and autumn, commercial real estate professionals in major Texas cities, including Austin, Dallas, and Houston, cite the state’s early reopening as one major reason why the retail landscape has been able to bounce back rather quickly.