Texas Bill Eases Office Conversion

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The Texas Tribune

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Business

Business & Economics

Texas lawmakers want to make it easier to convert office space into apartments and condos

Summary

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74% Informative

State Sen. Bryan Hughes' bill would allow owners of struggling office properties to convert space into residences.

The bill would forbid cities and counties from requiring owners of flagging office buildings to go through rezoning process if they want to add apartments or condominiums.

It's among a slate of proposals state lawmakers are weighing to remove barriers to housing construction.

The legislation would only apply in counties with more than 420,000 residents.

It would apply in 13 of the state’s 254 counties and municipalities within those counties that have more than 60,000 people.

“When there's more costs involved, eventually that's going to have to get passed off to the resident,” said Jamee Jolly , who heads The Real Estate Council .

VR Score

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Neutral language

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formal

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English

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not offensive

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not hateful