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    More space in Space City

    Houston ranks first in U.S. for new single-family home permits issued since 2012

    John Egan
    Feb 23, 2022 | 9:50 am
    410 Faust Houston home for sale
    Some 392,136 permits for single-family homes were handed out in the Houston region over a decade.
    Photo courtesy of NextGen Real Estate

    When your population soars more than 15 percent, as the Houston metro area’s population did from 2012 to 2021, you need to put more roofs over people’s heads.

    As a result of the region’s booming population, Houston tops the list of major U.S. metro areas with the most construction permits issued for single-family homes from 2012 through 2021, according to new data from self-storage marketplace StorageCafe. During that period, 392,136 permits for single-family homes were handed out in the region.

    “Houston has been the primary destination for newcomers moving to Texas, especially Californians who find respite in Harris County’s lower home prices and tax rates, cheaper land, and sound economy,” StorageCafe says in explaining the demand for more homes in the area.

    From 2012 through 2021, Houston also led the country’s 50 biggest metros for new retail space (more than 51.8 million square feet). Here’s how Houston ranks in other segments for newly built commercial real estate:

    • Third for new office space (nearly 44.3 million square feet).
    • Third for new self-storage space (nearly 17.6 million square feet).
    • Fourth for multifamily construction permits (170,817).
    • Fourth for new industrial space (more than 153.3 million square feet).

    Houston ranks second for construction activity across all six property types from 2012 through 2021. Here’s how other major Texas metros fare in that regard.

    Dallas-Fort Worth, No. 1

    DFW ranks:

    • Second for single-family home permits (323,250).
    • Second for multifamily permits (233,246).
    • Second for new office space (nearly 55 million square feet).
    • First for new industrial space (more than 228 million square feet).
    • Second for new retail space (more than 47.8 million square feet).
    • First for new self-storage space (more than 22.9 million square feet).

    “One of the fastest-growing metros in the country, Dallas acted as a magnet for both new residents and businesses over the past decade, and the real estate market responded,” StorageCafe notes.

    Austin, No. 11

    Austin ranks:

    • Fifth for single-family home permits (152,779).
    • Sixth for multifamily permits (133,951).
    • 10th for new office space (more than 23.4 million square feet).
    • 32nd for new industrial space (more than 24 million square feet).
    • Ninth for new retail space (nearly 15.2 million square feet).
    • 10th for new self-storage space (more than 8.3 million square feet).

    “Austin manages to outperform many of the decidedly bigger metros in the top 10 for both single-family and multifamily construction,” StorageCafe says.

    San Antonio, No. 20

    San Antonio ranks:

    • 21st for single-family home permits (79,057).
    • 25th for multifamily permits (44,170).
    • 25th for new office space (more than 9.3 million square feet).
    • 29th for new industrial space (more than 30.4 million square feet).
    • 11th for new retail space (nearly 13.9 million square feet).
    • 18th for new self-storage space (more than 6.8 million square feet).
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    Record-breaking property

    Ultra-luxurious Houston high-rise lists last penthouse for $14.5 million

    Eric Sandler
    Jan 28, 2026 | 4:15 pm
    A rendering of the exterior of the St Regis Residence in Houston
    Rendering courtesy of Shimahara Visual
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    A new Houston high-rise is issuing a final call for one of its most desirable units. The St. Regis Residences, Houston has one remaining penthouse available for $14.5 million.

    A representative touts that the $3,100 per square foot price is a new record for Houston-area high-rises. It’s one of seven penthouses at the property that range in size from 4,500 to 6,500 square feet.

    “The last available penthouse at The St. Regis Residences underscores the strength and maturity of Houston’s luxury market,” said Catherine Lee, president of Douglas Elliman Development Marketing, Texas, which is handling sales and marketing for the building. "Discerning buyers are consistently choosing standalone branded residences that deliver enduring quality, trusted service, and global brand recognition — all of which is evidenced by the premium price-per-square-foot. Opportunities of this caliber, particularly at this level of scarcity, are increasingly rare.”

    A rendering of a penthouse at the St Regis Residence in Houston A rendering illustrates one of the building's penthouses.Rendering courtesy of Shimahara Visual

    As CultureMap has previously reported, Houston-based commercial real estate firm Satya is building the 37-story, curvilinear tower. Set on a nearly four-acre property near Houston’s iconic Bayou Bend Collection (102 Asbury Street), the tower will offer 90 residences.

    Buyers can select from various floor plans, including one-bedroom units. Pricing for these luxurious homes begins at $3 million, with residences starting on the 10th floor.

    Residents will enjoy more than 40,000 square feet of amenities, including butler service, a lap pool, steam rooms, saunas, fitness studio, dedicated training space, a yoga and movement studio, and St. Regis-branded bicycles. A dedicated children’s activity center, gaming lounge, theater, and event space will offer entertainment for all ages, while the Cognac Bar and Astor Room on the 26th floor will provide a refined dining experience in homage to the St. Regis founding family.

    Additional perks include co-working spaces, two guest suites, and full-building backup generators — an invaluable feature in Houston.

    The project is expected to break ground this spring, with an expected completion of early 2029. So far, the building has more than $180 million in gross sales, according to press materials.

    “The demand for this level of condominium in Houston continues to show the market is prime for a new paradigm of residential experience and the impeccable service of legendary hospitality that The St. Regis brand is known for,” said Sunny Bathija, owner and developer of The St. Regis Residences, Houston and CEO of Satya.

    St. Regis Residences, Houston, is neither owned nor developed by Marriott International or Marriott, but rather SR Luxury Condominium, LTD. It has licensed the St. Regis marks from Marriott for the project.

    ----

    Brianna McClane contributed to this article.

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