The popularity of EaDo is sharply increasing the price to do business in the popular arts and entertainment district. Many business owners worry that the rising cost will price businesses out, stifle real estate expansion and reduce the cultural and artistic flair of the neighborhood.
“EaDo is a lot like Houston,” Method Architecture Managing Partner Jake Donaldson said during the Future of EaDo and East End District event in Houston. “It has an underdog reputation. People don’t really get it until they get here. It grows on you over time.
More than a decade ago, a new crop of property developers and owners began to step into EaDo, a neighborhood stacked with streets of dated industrial buildings. In 2011, Houston announced the construction of the BBVA Compass Stadium in EaDo, which cemented it as an emerging commercial district.
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