Mike Kueber's Blog

April 8, 2013

Another banner day for the Express-News

Filed under: Business,Culture,Economics,Issues,Politics — Mike Kueber @ 5:06 pm
Tags: , , ,

As I was reading the San Antonio Express-News on Sunday, I was pleasantly surprised by three informative articles that were relevant to my campaign for the City Council:

  1. San Antonio’s immigration.  This fascinating article by Joe Yerardi describes population growth in Texas’s four largest cities in the past two years.  Although San Antonio has enjoyed robust growth (+91,495), that growth is less robust than Dallas (+274,781), Houston (+256,579), and Austin (+118,017).  And, of the three contributors to growth – natural growth (births), foreign migrants (legal and illegal), and interstate migrants – San Antonio and Austin depend mostly on interstate migrants, while Dallas and Houston depend more on natural growth and foreign migration.  These migration patterns are surprising because San Antonio has by far the largest concentration of Mexican-Americans (59%), so you’d think migrants from Mexico would make San Antonio their destination of choice, but instead they are choosing Dallas and Houston.  Unfortunately, the elephant in the room is the distinction between legal and illegal immigration from Mexico.  Although reporter Yerardi doesn’t discuss it, I have previous read that Dallas and Houston have a much larger percentage of illegal immigrants.
  2. San Antonio – Austin railroad.  The city of San Antonio is currently preoccupied with its effort to develop a downtown streetcar system, so this article served as a reminder that San Antonio has for decades dreamed of a railroad connecting it with Austin.  My position is that this inter-city railroad is just as impractical as the proposed intra-city light rail system that is planned as an extension of the controversial downtown streetcar system. 
  3. San Antonio’s problem with downtown-office vacancies.  This article reports that San Antonio’s downtown office vacancy rate is 33% even though rental rates are lower than outside of downtown.  Explanation – “In the suburbs, the office buildings generally are newer and come with up-to-date amenities and abundant parking….  Despite the higher lease prices, another advantage the suburbs have over downtown is the proximity to housing and ease of access.”  I love the politically-incorrect honesty of Ernest Brown, an EVP at a real estate firm:
  • The downtown San Antonio office market is tough.  Right now, the biggest hurt for downtown is what reason is there to be downtown versus the suburbs?”

Coincidentally, I recently responded to a candidate questionnaire from Current newsweekly, and one of its questions was, “What would you do to address the high vacancy rate in downtown buildings?”  I responded, “As a District 8 Councilman, my major focus will be on the development of District 8, not the downtown vacancy rate.  Of course, the entire City has an interest in downtown San Antonio remaining Texas’s premier tourist attraction.”  If I had read this article prior to responding to the questionnaire, I would have added that the City should not be spending millions of dollars to encourage businesses to move from one part of San Antonio to another part.

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