Houma, Louisiana: A Premier Destination for Commercial Real Estate

Introduction

Houma, Louisiana, offers a dynamic environment for commercial real estate (CRE) professionals, with its unique position as a regional economic hub. As the largest city in Terrebonne Parish, Houma boasts a diverse economy, driven by sectors such as oil and gas, healthcare, and retail. The city's strategic location along the Gulf Coast enhances its appeal for various CRE asset classes, from industrial spaces to retail centers.

Economic and Industry Overview

Houma's economy is deeply rooted in the oil and gas sector, with a significant presence of companies specializing in offshore drilling and equipment manufacturing. The healthcare industry also plays a crucial role, supported by major facilities like Terrebonne General Health System. Retail and tourism contribute to the demand for commercial properties, fostering a vibrant market for office and industrial spaces. The South Louisiana Economic Council spearheads regional economic development initiatives, promoting growth and investment in Houma.

Strategic Location and Transportation Infrastructure

Houma is strategically positioned with access to major transportation routes, enhancing its logistical advantages:

• Highways: U.S. Highway 90 connects Houma to New Orleans and Lafayette, facilitating freight and commuter travel.
• Ports: The Port of Terrebonne serves as a vital maritime hub for offshore energy operations, offering direct access to the Gulf of Mexico.
• Airports: Houma-Terrebonne Airport provides facilities for corporate and private aviation.
• Rail: Rail lines in the region support freight transport, linking Houma to broader national networks.

These transportation assets make Houma an ideal location for distribution centers and manufacturing facilities, with easy access to labor pools and coastal markets.

Commercial Real Estate Inventory & Zoning

Houma's commercial real estate landscape includes several key submarkets:

• Central Business District (CBD): A hub for office and retail spaces.
• Industrial Corridors: Located along the highway and near the port, these areas cater to logistics and manufacturing.
• Retail and Mixed-Use Developments: Spread across the city, providing shopping and dining experiences.

The city offers incentives for developers, including tax breaks and zoning overlays designed to encourage mixed-use and commercial development. Explore the Houma Zoning Map for detailed information on available parcels and zoning regulations.

Major Employers and Institutions

Houma hosts several major employers and institutions, driving demand for commercial real estate:

• Offshore Energy Companies: Schlumberger, Halliburton
• Healthcare: Terrebonne General Health System
• Education: Fletcher Technical Community College

These entities contribute to the city's economic stability and growth, ensuring a steady demand for office and industrial spaces. Visit the Terrebonne Economic Development Authority for more insights into local businesses and opportunities.

Notable Commercial Developments & Projects

Houma is home to several notable commercial developments:

• Mixed-Use Projects: Developments like the Southland Mall area offer retail, dining, and entertainment options.
• Public-Private Partnerships: Initiatives to revitalize downtown areas and enhance infrastructure.
• Opportunity Zones: Designated areas offering tax incentives to foster investment.

For detailed project information, consult the Houma Planning Department.

Building Permits, Planning, and Development Tools

Houma provides comprehensive resources for developers:

• Building and Safety Department
• Permitting Portals
• GIS and Parcel Map Viewer
• Planning Commission
• Development Code

These tools are essential for navigating the city's regulatory landscape and planning successful projects.

Market Data & Economic Reports

Houma's market data and economic insights are accessible through various public sources:

• U.S. Census Bureau
• Houma Open Data Portal
• Economic impact reports from local agencies

Brevitas leverages AI-powered aggregation from these public data sources and internal insights. Explore Brevitas-powered dashboards for Houma to gain a competitive edge.

Why Use Brevitas for Houma, Louisiana CRE?

Brevitas offers a comprehensive solution for CRE professionals in Houma:

• AI-Driven Discovery: Tailored recommendations for investment opportunities.
• Real-Time Market Alerts: Stay informed of new listings and market trends.
• Smart Property Pages: Detailed listings with enhanced visibility.
• Dealroom Collaboration: Streamline communication and transactions.

Unique features include auto-generated listing pages, email and landing page tools, integration with brokers and developers, and access to exclusive listings. Brevitas is your partner in navigating the Houma commercial real estate market.