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More economic development and finance options at the Texas Medical Center adding to Houston's economic diversity.
Health-care startups in Houston will have new access to capital as part of a new partnership announced Thursday between the Texas Medical Center and the private investment firm Baird Capital.
While the TMC Venture Fund launched last year has been providing funding to early-stage startups with a health-care focus, Baird Capital can offer investments in more established businesses that are looking to scale up, TMC president and CEO William F. McKeon said.
“This is yet another major milestone for establishing the Texas Medical Center as the Third Coast of life sciences,” he said in an earlier statement.
An International manufacturer of air conditioning equipment, that we have posted on before, located in Waller County is growing and seeking additional spec space for its logistics operations adding to Houston's economic diversity.
"Hot weather and a hot industrial market have combined to create an unlikely real estate deal.
Goodman Manufacturing Co. has signed a five-year lease for Northwest Logistics Center, a newly developed 411,460-square-foot building by Stream Realty Partners in northwest Houston. The building is 21 miles away from parent company Daikin’s 4. located 1 million-square-foot Texas Technology Park, which opened last year to consolidate the Japanese company’s air conditioning, heating and cooling systems operations in North America.
“Due to the success we’ve had with the facility, it has been determined that we needed extra space for our logistics operations,” said Goodman director of communications Rex Anderson.
Daikin’s Waller facility, which consolidated three area locations, is among the world’s largest industrial buildings with an area equates to about 74 football fields under one roof. The company employs between 6,000 and 7,000 people at the new headquarters, Anderson said, and a small number of employees will relocate to the new distribution center.
Daikin has room for expansion on its Waller campus, but “it was more efficient at the moment to utilize an existing space rather than build on our current property,” Anderson said. https://www.chron.com/business/real-...o-13194911.php
Below is the original post #103 about Daikin's new Texas Technology Campus, from May of 2017
Quote:
Originally Posted by Jack Lance
On outskirts of Houston, giant HVAC plant employs thousands
Japanese firm's facility employs thousands, will add billions to area
Takeshi Ebisu took in the quiet stretch of Waller County prairie, some 40 miles northwest of Houston and half a world from his native Japan. The most memorable thing he saw was a cow walking near a pond.
Three years later, the pasture has been transformed into a vast and modern manufacturing space, where Ebisu oversees a staff of thousands of engineers and welders, fabricators and warehousers as CEO of Goodman Manufacturing and the place where just about every Goodman, Daikin and Amana air conditioner or heating unit sold in the U.S. and Canada is made.
Ebisu's gleaming domain rises up as a surprise to drivers speeding along U.S. 290 toward Brenham. It covers some 94 acres under a single roof, the equivalent of 37 conventional city blocks, making the plant No. 2 behind a Boeing jetliner-assembly plant on the nation's list of largest industrial buildings. On outskirts of Houston, giant HVAC plant employs thousands - Houston Chronicle
Last edited by Jack Lance; 09-01-2018 at 02:24 PM..
There have been many post in this thread on the Port of Houston and there will be many, many more. Port Houston's investments in containerized cargo continue the diversification of the Greater Houston economy.
HOUSTON--(BUSINESS WIRE)--Due to continued strong growth in loaded containerized cargo, Port Houston has surged higher in the rankings of the top container ports in the United States.
Port Houston, which has been expanding rapidly in recent years, has climbed to become the fifth largest container port in the U.S., according to JOC Piers data covering the second quarter of 2018. Port Houston handled 1,057,964 twenty-foot-equivalent-units (TEUs) during that period and catapulted up from the sixth spot.
Port Houston is outpacing trade for the U.S. as a whole this year, led by strong imports, the data also shows. For example, during the first six months of 2018, Port Houston imports from the Trans-Pacific region jumped by 24 percent, a significant hike compared to overall U.S. Trans-Pacific imports, which increased by 5 percent.
Port Houston is the largest container port in the U.S. Gulf of Mexico, handling about two-thirds of all the containers that move through the Gulf.
Port Houston is No. 1 in the U.S. in foreign tonnage and is now is in the Top 5 for containers with Los Angeles, New York, Savannah and Long Beach. Houston continues to close the gap. https://www.businesswire.com/news/ho...U.S.-Container
Local real estate management company Boxer Property develops software that incorporates two of today’s hottest technologies, artificial intelligence and blockchain helping businesses predict future trends and helping to increase Houston's economic diversity.
Three red bars towered on the computer screen of Justin Segal, president of the Boxer Property, a Houston commercial real estate firm. Each bar represented an office tenant that an algorithm had predicted would default on its lease.
“So those three — we’re (probably) going to lose them,” said Boxer Property President Justin Segal.
The predictions, based on the algorithm’s analysis of a variety of data, including trends in tenant companies’ industries, would help Segal plan for the future. A default might not come to pass, Segal said, but identifying the likelihood of one allowed Boxer to be prepared should it have more office space to lease.
This is just one example of the applications for proprietary software developed by Boxer, which recently spun off a new company, Stemmons Enterprise, to sell its technology to businesses of all kinds. The software incorporates two of today’s hottest technologies, artificial intelligence and blockchain, providing both predictive capabilities that can help companies react to situations before they happen and the ability to securely track and verify documents, financial transactions and other business activities.
Boxer and Stemmons are among the still small number of companies that are not only talking about the potential of blockchain, but also putting the technology to use in day-to-day business applications, said Dan Nossa, a lawyer who specializes in blockchain projects at the firm Steptoe and Johnson in The Woodlands. Blockchain is best known for its role in cryptocurrency, but its applications can extend to almost any business. https://www.houstonchronicle.com/bus...o-13238043.php
MD Anderson scientist performing groundbreaking research helping to cure cancer and to diversify Greater Houston's economy.
Houston scientist Jim Allison awarded Nobel Prize
Houston scientist Jim Allison was awarded the 2018 Nobel Prize in Medicine Monday for his pioneering research that has led to a new type of cancer treatment that frees the immune system to attack tumors.
Allison, MD Anderson Cancer Center's chairman of immunology, conducted research that's led to a class of drugs that unleash immune system brakes. The research realized the tantalizing promise of immunotherapy, which is now taking its place alongside surgery, radiation and chemotherapy as a prime weapon against cancer.
TMCX , jlabs incubator, and the Center for Device Innovation, helping medical startups to diversify Houston's economy.
Startup aims to give back surgery a helping hand
Juan Pardo is bringing a jolt to spinal fusion procedures. Working from the Texas Medical Center, his company hopes to use electric fields to spur bone growth in high-risk patients, where the surgery to reduce back pain fails 40 percent of the time.
“That’s almost as good as flipping a coin,” said Pardo, co-founder and principal engineer for Intelligent Implants. “In health care, you want to avoid that. You want to have certain outcomes.”
Intelligent Implants, headquartered in Ireland, opened its Houston research and development office in 2017 with little more than a prototype. It has since created a business plan, researched U.S. regulations and started testing its device in sheep, thanks to a multitude of startup assistance programs at the Texas Medical Center.
These programs include office space at the JLABS incubator, business growth assistance from the TMCx accelerator and access to a machine shop and its experienced engineers at the Center for Device Innovation, the latest offering from Johnson & Johnson at the Texas Medical Center.
1of 4Juan Pardo, co-founder and principle engineer of Intelligent Implants, displays the SmartFuse, a spinal fusion cage, shown in his lab at the Center for Device Innovation at the Texas Medical Center, 2450 Holcombe Blvd., Tuesday, Aug. 28, 2018, in Houston.Photo: Melissa Phillip, Houston Chronicle / Staff photographer 2of 4Juan Pardo, co-founder and principle engineer of Intelligent Implants, is shown in his .gallery__count::after, .gallery__slider::before, .gallery__slider::after, .gallery__indicators, .gallery__slider aside { z-index: 4; } https://www.houstonchronicle.com/bus...nnovation%2c+r
MD Anderson scientist performing groundbreaking research helping to cure cancer and to diversify Greater Houston's economy.
Houston scientist Jim Allison awarded Nobel Prize
Houston scientist Jim Allison was awarded the 2018 Nobel Prize in Medicine Monday for his pioneering research that has led to a new type of cancer treatment that frees the immune system to attack tumors.
Allison, MD Anderson Cancer Center's chairman of immunology, conducted research that's led to a class of drugs that unleash immune system brakes. The research realized the tantalizing promise of immunotherapy, which is now taking its place alongside surgery, radiation and chemotherapy as a prime weapon against cancer.
DownUnder Geosolutions is a geoscience company which is building the worlds fastest supercomputer at the Energy Corridor facility of Skybox, Skybox has a Data Center there which services not only O&G companies but also Wholesale distributors and small and medium size companies of all kinds adding to Houston's economic diversity.
HOUSTON--(BUSINESS WIRE)--Oct 11, 2018--Australia-based DownUnder GeoSolutions (DUG) announced today it has selected Skybox Datacenters and Houston, Texas for its global expansion of a revolutionary oil and gas exploration technology. The deal, represented by Bennett Data Center Solutions, marks the largest colocation transaction in Houston’s history with a 15 megawatt data center that will be housed at the Skybox Houston campus, located in Houston’s Energy Corridor.
“This was an exhaustive world-wide search for a data center location,” said Dr. Matthew Lamont, co-founder of DUG. “Houston was a natural choice given the low cost of power and the fact that Skybox had the available infrastructure ready to go. This facility will allow us to install the fastest supercomputer in the world at this time to meet the ever-increasing demand for energy. We are excited to expand our presence in Houston and expect to be operational by February 2019.”
About DUG:
DownUnder GeoSolutions (DUG) is a leading global geosciences company providing essential processing and computational modelling services to energy companies to enable them to accurately locate new and productive sites for hydrocarbon extraction. Follow DUG on Twitter @DownUnderGeo or visit www.dug.com.
About Skybox Datacenters:
Skybox Datacenters is a leading data center owner, operator and developer with a focus on wholesale enterprise data centers and disaster recovery operations with locations in Dallas and Houston. Our team’s experience comprises 50 million square feet of real estate development throughout North America. Connect with Skybox Datacenters on LinkedIn, follow us on Twitter @SkyboxDCS or visit www.skyboxdatacenters.com.
Coworking expansions: International co. grows in Houston, local firm signs first franchise agreement
Houston’s coworking market is expanding both within and outside of the city, adding to Houston's economic diversity !
International coworking company Spaces signed a 53,000-square-foot lease in the Uptown/Galleria area, according to an Oct. 29 press release from Houston's Parkway Property Investments LLC. Spaces will occupy the first three floors of Parkway’s Two Post Oak Central, at 1980 Post Oak, and is expected to open in the fourth quarter of 2019.
This will be the second Houston location for Spaces, which was founded in Amsterdam in 2008. The company announced in November 2017 it had leased the entire sixth floor — about 25,000 square feet — of the office building in the Kirby Grove mixed-use development.
“Houston is rising in the ranks as a top city for entrepreneurs to start and grow their businesses. We are excited to expand our footprint in the area and provide a flexible working environment that gives companies of all sizes the opportunity to thrive and build connections,” Michael Berretta, vice president of network development for IWG, which owns Spaces, said in the release. “Whenever we consider a new location, we prioritize the things most important to our members — a dynamic neighborhood, convenient transportation, and robust amenities. The Post Oak Central location fit all the criteria and was an ideal spot for our next Houston opening.”
Separately, a Houston-based coworking company also announced on Oct. 29 that it signed its first franchise agreement.
The Work Lodge signed its first franchise agreement Fort Worth, according to its Oct. 29 press release. In June, the Houston Business Journal first reported that the company was looking to franchise to help reach its goal of 100 location nationwide by 2025.
Work Lodge locations offer space for teams from one to 100, including private and virtual offices as well as coworking spaces and conference rooms. The total initial investment to open a location ranges from $300,000 to $1.5 million, per the release.
The release also notes that The Work Lodge operates a foundation called The Gabriel Project. It funds programs focused on "building children's homes in India, fighting human trafficking, feeding those in need and providing micro-assistance to families and community members with focused, unavoidable needs," per the release.
The volume of containers passing through Port Houston is up 10 percent through the third quarter.
The port first handled more than 2 million of the 20-foot-equivalent containers in 2015. Executive Director Roger Guenther this week told port commissioners that the 2 million mark came in September this year.
"The earliest by far that we have reached that milestone," he said in a news release.
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Coworking expansions: International co. grows in Houston, local firm signs first franchise agreement
