Houston's city council just greenlit a $30 million plan to demolish old buildings. The catch? They're pulling the cash from funds originally set aside for stormwater management. This could mean less money for flood control in the future.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 2 the 60 before, 1 the 90 before that.
The city is investing $30 million into this demolition program.
Neighborhoods like Cashmere Gardens will see improved safety and reduced illegal dumping.
Properties that are blighted or dangerous can negatively impact surrounding property values and pose safety risks.
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The city is abandoning and selling certain easements and street sections, in some cases in exchange for new easements and significant cash payments, to facilitate development and streamline property use.