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The city of Houston has moved from BETA(+) to ALPHA(-) according to the Globalization and World Cities Research Network (GaWC). That's 6 spots higher to Number 35 in the World. ALPHA Class cities are defined as; cities that are highly integrated areas, filling advanced service needs. The index ranks cities’ current performance based on a number of metrics, including business activity, human capital, information exchange, political engagement and cultural experience. Houston has seen close to 700 different announcements in the region over the last 10 years of foreign firms saying they are going to invest in Houston. Things that bode well for the future of Houston, we are getting more interest from firms overseas investing or visiting or somehow doing business in Houston. Global Rankings for US Cities: ALPHA (++) = New York City ALPHA (+) = 0 ALPHA = Chicago, Los Angeles, Miami ALPHA (-) = San Francisco, Houston, Washington D.C. BETA (+) = Boston, Atlanta, Dallas BETA = Denver, Minneapolis, Philadelphia BETA (-) = Seattle https://en.wikipedia.org/wiki/Globalization_and_World_Cities_Research_Network

Is there already a thread for this project? The article says it will be a $1 Billion mixed use project just east of BP and could include hotel, apartments, office and retail. http://www.houstonchronicle.com/business/real-estate/article/Exclusive-Big-real-estate-project-headed-for-5149772.php

Hi, A family member is considering contracting with a property manager to lease out their current home (gated, 2 story Tudor, 1 acre lot etc) with easy access to the energy corridor. Suggestions on which companies to go to - or to avoid? Also, what are the tax implications (property tax, etc) since this is currently a principal residence? (The person will be travelling for a while without any other principal residence). Thanks in advance!

So my sister and brother in-law are starting to look at buying their first house, likely in the Katy area. I am not a real estate agent, and admittedly haven't spent as much time looking at the housing market as others on here. I am just concerned because of the volatility in the Energy Corridor and the effects it has on the Katy submarket. Especially the ripple down effect from oil dipping below $30 a barrel and the local office vacancies. How will this effect the area? Am i wrong in being concerned about them looking at buying a house in Katy? Why or why wouldn't it be a good place to buy a first family home, especially in this market?

I know there's already a thread for this somewhere but I just can't seem to find it, anyways please merge if there is. Updated Renderings of the Energy Corridor Master-Plan http://www.energycorridor.org/newsletter/article/m.d.-anderson-makes-healthy-move-to-the-energy-corridor/january-2013

Alexan coming to the energy corridor. http://www.yourhoustonnews.com/memorial/news/alexan-enclave-coming-to-energy-corridor/article_eb8391f3-e597-591c-bda5-7f37603b6e9d.html

Jacobs Plaza to break ground in the Energy Corridor http://www.bizjournals.com/houston/blog/breaking-ground/2013/08/pm-realty-to-break-ground-energy.html I can't recall if there is a thread to this if aso please merge

Well, the title speaks for itself. Here's my list: 1. Uptown (looking to the east from the SW Freeway, uptown looks very impressive. Especially with all of the cranes) 2. DT - from 45 SE of DT 3. TMC from 610 4. Energy Corridor 5. The Woodlands 6. Greenway Plaza/Upper Kirby.