The city of Houston remains one of the brightest spots in Texas real estate. Jerome Karam, a Houston property developer, is among those leading the way in redefining development in the area. He is the founder of JMK5 Holdings, undertaking new projects in various communities around the city. These are poised to revitalize neighborhoods, provide jobs, bolster the economy, and excite those living within the vicinity.
JMK5 Holdings has obtained a mixture of residential and commercial properties that were repurposed to suit current demand. Some of these are set to open in 2021, while others are soon to follow. Once they are ready, those in the Houston suburbs will benefit from several valuable services being offered. Many years of experience dealing with high-value real estate around the Southern part of the US allows Jerome Karam to take on these projects confidently.
For Jerome Karam, Houston is an area that is hard to ignore. People continue to flock to the city because of career opportunities, the standard of living, great weather, and countless other perks. His company is bullish in the residential real estate market for the foreseeable future. The company’s projects include the Bayou Bend Estates, a 47-family community with stunning properties on the waterfront. There is also the Galveston Bay Club, an exclusive community in the Eckert Bayou.
Another notable project is in the Hideaway Estates, where families that would like to be in the midst of incredible scenery and coastal wildlife can do so. It truly lives up to its name, and 40 lots are soon to open to interested parties. Those familiar with the Magnolia Bend Manor will be happy to know that its renovation is in the works. This property boasts 9,000 square feet of living space that is suitable for people with refined taste.
As for the commercial properties, JMK5 Holdings is keen on turning old buildings into more functional spaces that meet the modern requirements of their communities. Many of these have seen better days, such as the Falstaff Brewery, built way back in 1895. It will soon become a mixed-use facility that includes a boutique hotel, a wedding venue, and indoor storage space. These will surely make the area more attractive once they open.
The grand Jerome Karam Houston plans do not stop there. He is also planning to get JMK5 Holdings involved in the League City shopping district. With its high traffic volume, Walker Street is the perfect venue for new businesses that want to cater to the local crowd. Once the project has been completed, the area is sure to get even busier than before.
Back in 2018, the company acquired the Cossaboom Family YMCA. Now it is working hard to turn these into profitable ventures that would benefit the community. The plan is to convert the building into two parts: a massive gym with advanced equipment and a self-storage facility for anyone who might need the space. Lastly, the old building, which used to be the Alvin Hospital in the southwestern suburb, will become Right Move Storage Alvin. Such is the high demand for storage these days that Karam and his company are positioning themselves as market leaders.
JMK5 Holdings has been instrumental in the transformation of Houston’s neglected buildings. Places that have declined over the years are now bustling with activity thanks to creative thinking and practical solutions. Even the mayor of Galveston has called Jerome Karam “Mr. Impossible” because of the fantastic work that he and his company has accomplished through the years. There is no doubt that the upcoming projects will also become great success stories upon their completion.