Retail & Hospitality
With its high concentration of daytime employment, growing residential base, expanding convention business and strong destination driven visitations, Downtown offers a retail environment with great potential for success. Dining and nightlife remains the single biggest occupier of Downtown retail space, but a growing residential population also creates a high demand for the day-to-day convenience goods and soft-good merchandise.
Although one will find retail throughout Downtown, Downtown’s major activity centers are located in the Historic District, a quirky mix of dining and nightlife establishments; Main Street Square, home to GreenStreet, The Shops at Houston and within a short walking distance is Downtown’s grocery store Phoenicia Specialty Foods; and Avenida Houston, a new pedestrian plaza between George R. Brown Convention Center and Discovery Green with restaurants, soft good retail, art and public programming.
- A diverse and extensive customer base
- George R. Brown Convention Center: 1.8 million square feet hosting 498 meetings & conventions during 2018
- Affluent demographic with high disposable income and active lifestyle
- Availability and cost retail space
- Best access to metro’s transit system
- Investing in houston’s history
Downtown’s 8,228 luxury rooms in 27 hotels (Downtown Hotels) are always in high demand, averaging greater than 72% occupancy in April 2019. A variety of hotel types and styles call Downtown home, ranging from some of the largest global 5-star brands, including Marriott Marquis, Hilton, JW Marriott and Hyatt, to boutique hotels, such as Aloft, Hotel Icon, The Whitehall and with recent additions such as the A C Hotel by Marriott, Hyatt Place by Hyatt International and Cambria Hotel by Choice Hotels.
Thanks to Downtown’s excellent walkability, residents, employees, and visitors can seamlessly move between restaurants, hotels and retail stores.