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Innovation

Houston is where innovation and industry converge. Ours is a city that chooses to take humankind's boldest challenges head-on, from landing on the moon to developing the first artificial heart. And Houston's innovation ecosystem continues to thrive through programs like TMC Innovation Institute at the Texas Medical Center and spaces like the emerging Innovation District. 

$2.02 billion

Venture Capital raised by Houston startups for the 4-qtrs ending Q4/21

11,200

The Houston metro has 11,200 installed fiber carrier miles as of Q1/21

$32.6 billion

Retail sales topped $32,6 billion in Q3/21.

Innovation Corridor

Houston’s Innovation Corridor is at the center of an extraordinarily powerful social and economic convergence. The four-mile-long Corridor is linked by light-rail, bike lanes, and pedestrian thoroughfares, and offers easy access to key industry and institutional players along with an unparalleled array of amenities. It runs from Downtown on the north end, south through Midtown, the Museum District and the Texas Medical Center. 

 

Innovation District

Rice University is currently developing a new innovation district in Midtown. Housed on a 16-acre site anchored by a former Sears building, the hub will bring the area's entrepreneurial, corporate and academic communities together. The nucleus of the Innovation District is The Ion, a nearly 300,000-square-foot structure that serves as a collaborative space for businesses at all stages of the innovation lifecycle. A number of companies and nonprofits have taken up residence in the development.

Houston Tech and Innovation Conversations at SXSW

A Data-Driven Look at Houston's Innovation Ecosystem

The Partnership's Josh Pherigo takes a data-driven look at the current trends in the startup space and the Houston region's momentum in building a thriving innovation ecosystem.

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The Power of Diversity in Innovation

Jan Odegard of The Ion and Ashley DeWalt of DivInc Houston talk about the power of diversity within innovation.

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Corporate Partnerships Drive Innovation in Life Sciences

Fiona Mack of JLABS at TMC discusses how Houston is quickly emerging as a hub for life sciences innovation.

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The Houston Tech Report

This report outlines the tremendous growth in Houston’s tech ecosystem in recent years as evidenced by the expanding workforce as well as startup and venture capital activity. The report also highlights the region’s unique strengths in the sector. 

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Houston Exponential

Houston Exponential is a dynamic organization that serves, organizes, champions and grows the region’s innovation ecosystem. HX is accelerating the development of Houston’s innovation economy, fostering a robust ecosystem that supports high-growth, high-impact startups. HX works to convene the ecosystem, helping to build an innovation district in Houston and attracting talent to the region and promoting Houston’s image, both locally and nationally, as a vibrant, innovative economy where startups thrive.

Houston's Innovation Partners

Related News

Economic Development

New Projects Shaping Pearland's Lower Kirby District

1/4/23
One of Pearland’s thriving mixed-use districts is anticipating another busy year. Several developers will break ground or complete multiple projects this year, including the first residential project, in Pearland’s Lower Kirby District, a 1,200-acre mixed-use district located off Beltway 8 and State Highway 288. Lower Kirby District houses offices, headquarters, retail, commercial and industrial projects, including Lonza and Mitsubishi Heavy Compressor Corporation. Here are a few of the projects that will help continue to shape the district. Retail and Multi-Family Projects According to the Houston Business Journal, NewQuest Properties is proposing a $350 million development that would include 1,086 multi-family units and more than 300,000 square feet of entertainment and retail space anchored by a specialty supermarket and hotel and convention center. The proposed project site is located south of Bass Pro Shops and across a proposed $53.7 million amateur sports facility. Click to expand Rendering of NewQuest's proposed development in Pearland (Courtesy: NewQuest) The NewQuest project would complement Sueba USA’s 335-unit retail and multi-family complex in America Modern Green’s (AMG) mixed-use development at the corner of Spectrum Boulevard and State Highway 288 known as the Ivy at Lower Kirby. Sueba broke ground on the Ivy Lofts last year and is the first phase of AMG’s development. A public park and trail system will also be incorporated in the area, according to the Pearland Economic Development Corporation (PEDC). The Houston Business Journal reports Sueba expects to finish the complex late this year. Click to expand Rendering of Ivy Lofts (Courtesy: Sueba USA)   Industrial Projects Three industrial real estate firms are developing projects that would bring one million square feet in distribution centers to Lower Kirby. Levey Group is expected to begin construction this year on Levey Logistics Park which will include two Class A industrial buildings near Beltway 8 and Almeda School Road. Brennan Investment Group bought 12 acres to construct a 216,000-square-foot Class A distribution building on Kirby Drive and North Spectrum Boulevard. The project is expected to have 36-foot clear height and a 175-foot truck court for trailer parking. The Chicago-based firm reports Houston’s “world-class market” has allowed the firm to make successful investments of more than $470 million since entering the Houston area in 2010.  “Industrial demand remains strong and gives us confidence that this new facility will be well received by the market,” Troy MacMane, Co-Founder and Managing Principal of Brennan, said in a news release.  Click to expand Rendering of Brennan's distribution center in Pearland (Courtesy: Brennan) Adkisson Group is also building a distribution center that will total nearly 130,00 square feet near beltway and Hooper Road, according to the PEDC.  Pearland is considered one of the nation's fastest-growing cities with access to major highways that allow for logistical and commuting ease to other areas of the Houston region, including the Texas Medical Center. Companies say those attributes are the reasons they choose the Pearland area, in addition to an educated population and quality of life. “PEDC and the City of Pearland are very excited about the recently announced and proposed developments in Lower Kirby. It has been a long-standing focus of our community to develop this area as Pearland’s most intensive mixed-use employment, residential and entertainment district," said Matt Buchanan, PEDC President. "As the Houston market has continued to grow and expand, Lower Kirby has captured a significant portion of office, retail, commercial and industrial projects and these newest developments are a testament to our continued efforts in this area.”  Learn more about other communities and neighborhoods in the Houston area.
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Economic Development

Quality of Life, Workforce Fuels Montgomery County's Growth

12/15/22
Montgomery County’s rapid growth in population and business activity was the focus of the Partnership’s Future of the Houston Region event this week. Montgomery County’s reputation of green space, top-rated schools, and a talented and diverse workforce have attracted new residents and companies to the area. The county’s population has grown more than 37% to nearly 650,000 residents in the past decade and is the third fastest-growing county in the greater Houston region. Mark Keough, Montgomery County Judge; Gil Staley, CEO of The Woodlands Area Economic Development Partnership; Jim Carman, Houston Region President of The Howard Hughes Corporation; and Danielle Scheiner, Executive Director of the Conroe Economic Development Council, participated in a panel discussion moderated by Stephen Head, Chancellor of the Lone Star College System. The panelists attributed Montgomery County’s success to its suburban environment. Staley said “more and more companies are asking for suburban environments” where their employees can work, live and play. Staley added The Woodland’s strong workforce has also been “paramount” in their ability to attract companies. Sixty-three percent of The Woodlands’ population has a bachelor, graduate or professional degree. Those two factors are what drove Cellipont Bioservices to relocate their headquarters from California to the Research Forest area. The cell therapy company recently broke ground on its headquarters and research facility.  The Woodlands, which is rated the best city to live in America by Niche.com, isn’t the only area in Montgomery experiencing significant economic development activity. Vaccine industry leader VGXI, Inc., recently celebrated the grand opening of its new headquarters and manufacturing facility at Conroe’s Deison Technology Park. Scheiner said the idea behind the 248-acre park was to create a space where companies could scale up, and VGXI’s move to Conroe from its original operations in The Woodlands is proof of that.  “Life sciences for sure is an area that we’re seeing a lot of growth in. We’re excited about that,” Scheiner said. The growth in these key industries, such as life sciences and technology, significantly contributes to the entire Houston region’s progress. “The Partnership is proud to continue working closely in alliance with county judges, local economic development organizations and other county leaders from across the region in order to continue creating opportunities for businesses to expand and relocate to the area, and ultimately, to continue making our mission of making Houston one of the best places to live, work and build a business possible,” Chief Development Officer Katie Pryor said.  The panelists also pointed to challenges as the county experiences rapid growth. Keough said investing in infrastructure will need to be a focus to continue to provide a high quality of life and keep attracting reputable companies to the area. 
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Related Events

Membership

Partnership Week: Strong, Diverse, 21st Century Economy Forum

Forums offer networking and in-depth discussions on topics centered around industries and initiatives moving Houston forward as a great global city. This Forum will explore Energy and Sustainability and how Houston,…

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Additional Resources

See below for additional resources in Innovation. 

Need more information about Innovation in Houston? Your dedicated team member can help:

  • Assist in site selection analysis
  • Assist in evaluating and applying for incentives
  • Aid in the permitting process
  • Provide data on key business facilities
  • Facilitate and foster key introductions
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Partnership Staff
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Executive Partners