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Old 03-05-2018, 06:03 PM
 
Location: Houston, TX
403 posts, read 460,447 times
Reputation: 463

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Quote:
HOUSTON #2 METRO FOR CORPORATE GROWTH

March 5, 2018

Area is dominant region in the No. 1 state for corporate growth

(HOUSTON,TX) — Site Selection magazine has recognized the Houston-The Woodlands-Sugar Land Metropolitan Statistical Area (Houston MSA) as one of the top metros in the nation for new and expanded corporate facilities. The magazine released its ranking of the top states and metros for economic development in their annual “Governor’s Cup” issue earlier today.

The annual metro ranking considers criteria that are key factors for job growth and retention. In 2017, the Houston region logged 196 new and expanded corporate facilities, behind the Chicago MSA with 402 and ahead of the Dallas-Fort Worth MSA with 192.


Site Selection’s Conway Projects Database focuses on new corporate facility projects with significant impact, including headquarters, manufacturing plants, R&D operations and logistics sites, among others. It does not track retail and government projects, or schools and hospitals. New facilities and expansions included in the analyses must meet at least one of three criteria: (a) involve a capital investment of at least US$1 million, (b) create at least 20 new jobs or (c) add at least 20,000 sq. ft. (1,858 sq. m.) of new floor area.
https://www.thecitywithnolimits.com/houston-2-metro/
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Old 03-05-2018, 07:17 PM
 
Location: Beautiful Northwest Houston
6,271 posts, read 7,456,487 times
Reputation: 5041
Quote:
Originally Posted by Double L View Post

Fantastic, especially considering they do not include hospital projects which is a huge economic driver in Houston. Well done Double L thanks for posting...
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Old 03-05-2018, 08:18 PM
 
Location: ✶✶✶✶
15,218 posts, read 30,483,237 times
Reputation: 10851
Quote:
Originally Posted by Jack Lance View Post
Fantastic, especially considering they do not include hospital projects
Does this include corporate facilities rebuilt, or repaired and then expanded after Harvey?
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Old 03-05-2018, 08:37 PM
 
Location: Beautiful Northwest Houston
6,271 posts, read 7,456,487 times
Reputation: 5041
Quote:
Originally Posted by jfre81 View Post
Does this include corporate facilities rebuilt, or repaired and then expanded after Harvey?
They state they focus on new corporate projects. I did a little research and found they publish these list every year and DFW and Greater Houston are 1 & 2 on them on a perennial basis, with roughly the same number of projects the past few years, so it doesn't appear to me to have been skewed by any recent flooding....
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Old 03-06-2018, 11:35 AM
 
Location: Houston, TX
1,652 posts, read 1,228,654 times
Reputation: 2717
Where is the growth? City or suburbs? For example, Didn’t Shell and Exxon move themselves out of the city?
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Old 03-06-2018, 11:46 AM
 
Location: ✶✶✶✶
15,218 posts, read 30,483,237 times
Reputation: 10851
Quote:
Originally Posted by detachable arm View Post
Where is the growth? City or suburbs? For example, Didn’t Shell and Exxon move themselves out of the city?
Metropolitan area.
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