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The owners of independent coffeehouse and bakery Tout Suite have started construction on a new co-working space next to their popular EaDo cafe.
The new venture, called The Co-Op HTX, will encompass 10,000 square feet of co-working and retail space with the same look feel as Tout Suite: "industrial, vibrant and hip," said co-owner Anne Le.
"It's a fresh appeal where it's not just a boring, cold work space," Le said.
The Co-Op will be in the same building that houses Tout Suite at 2001 Commerce just east of downtown.
The EaDo neighborhood is emerging as a burgeoning co-working hub.
Start Houston on Delano St. targets technology startups. TX/RX Labs on Roberts Street calls itself a "hackerspace" and offers classes and access to a rapid prototyping lab, wood shop, machine shop and electronics lab.
The co-working concept has had trouble spreading from the West Coast to Houston.
Quote:
Originally Posted by Jack Lance
Matt Mullenweg built a company worth more than a billion dollars on software he started coding when he was a 19-year-old student at the University of Houston, but you’ll never see the WordPress name atop an office building...
After spending WordPress’ early days in San Francisco, Mullenweg now considers Houston his home base again.
Speaking of co-working and San Francisco, I haven't seen a co-working space since I visited S.F. a couple years ago when I saw Bespoke co-working on the 4th floor of the Westfield mall on Market Street. That's a convenient location in the middle of Downtown San Francisco. But it's definitely geared towards the tech scene!
There are plenty of hourly rent-an-office places around town though, mostly in the suburbs in less prime buildings.
Quote:
Originally Posted by Jack Lance
I looked up the full report and will post the link below. One stat Houston is doing well in is median income of our Tech sector. The median income in Houston for Tech workers is $86,716, which is tops in the state ahead of Austin's $86,458 and Dallas $83,907.
It's always funny because Houston always has the higher median income and the lower COL than the other two cities. But why question it, the worker benefits from a higher salary and the cheaper costs. How does Houston pull this off?
Quote:
Originally Posted by AcresHomes44
From a tech standpoint, Houston's tech scene I'd say is bubbling. It's on the verge of exploding.
Hopefully. But Tech is now considered an adjunct to industry since technology is integrated into everything these days. The so-called high tech hubs will lose their advantage because tech is now widespread into the mainstream economy. Houston may not be able to join the tech hub club on time, but tech will eventually become a core industry here.
A new sports stadium, for a new professional sports team, in a new league, is not only diversifying the Houston sports scene, but also the Greater Houston economy.
We’re incredibly excited,” Houston SaberCats coach Justin Fitzpatrick said. “It’s worth its weight in gold. This is going to be a real game changer for us.”
Major League Rugby began in 2018, partly inspired by an American rugby tradition that dates to the 19th century.
Despite their last-place finish in the league last year, the SaberCats are well ahead of the rest of MLR in their acquisition of a stadium, for which ownership paid $12 million — leaving the city of Houston to cover the $3.2 million cost of the 1,100-space parking lot surrounding the front half of the venue.
Opened in 2007, Infinity Park in Glendale, Colo., was the first rugby-specific stadium built in America and is considered the hub for top national and some international competitions. AVEVA Stadium, which will seat 3,200 with an overall capacity of 4,000, will be the second — and the first that meets World Rugby-sanctioned standards (because Infinity Park’s field lacks adequate runoff).
That excites SaberCats ownership
Houston’s investment in AVEVA Stadium isn’t just for the next generation. It fits the city’s goals of bolstering its present event offerings. “A real critical part of our success here is that we need to use it year-round. We can’t make a viable go of it if we’re just playing 12 games here,” Colona said. “It’s part of the city’s vision and why they were willing to do this as a private-public partnership. They think the city is missing out on some of these smaller and mid-size events because we don’t have the facilities. The smallest stadium we have in town is BBVA (Compass Stadium), where the Dynamo play. Well, we couldn’t even afford to turn the lights on over there.
The venue still won’t be fully functional Saturday when it opens for the SaberCats’ 5 p.m. match against the Seattle Seawolves, but Colona expects fans to enjoy a fuller experience by May. At that point, his job will have shifted from stadium project management to figuring out how to fill the stands and find groups interested in renting the space for concerts or other events.
“This is a long-term project. We’re showing a level of commitment to the rugby fans in this town,” he said. “It’s the old ‘Field of Dreams’ line: If you build it, they will come.” https://www.houstonchronicle.com/spo...photo-17210901
AVEVA Stadium's address is 2055 Mowery Road / Houston, TX 77045, but for those using a mapping app on their phone, it’s best to search for Houston Sports Park, as both Google Maps or Apple Maps will direct you to a location on Mowery, but that location is about a mile west of the actual stadium. https://www.houstontx.gov/abouthoust...vastadium.html
Last edited by Jack Lance; 04-11-2019 at 04:47 PM..
A new sports stadium, for a new professional sports team, in a new league, is not only diversifying the Houston sports scene, but also the Greater Houston economy.
We’re incredibly excited,” Houston SaberCats coach Justin Fitzpatrick said. “It’s worth its weight in gold. This is going to be a real game changer for us.”
Major League Rugby began in 2018, partly inspired by an American rugby tradition that dates to the 19th century.
Despite their last-place finish in the league last year, the SaberCats are well ahead of the rest of MLR in their acquisition of a stadium, for which ownership paid $12 million — leaving the city of Houston to cover the $3.2 million cost of the 1,100-space parking lot surrounding the front half of the venue.
Opened in 2007, Infinity Park in Glendale, Colo., was the first rugby-specific stadium built in America and is considered the hub for top national and some international competitions. AVEVA Stadium, which will seat 3,200 with an overall capacity of 4,000, will be the second — and the first that meets World Rugby-sanctioned standards (because Infinity Park’s field lacks adequate runoff).
That excites SaberCats ownership
Houston’s investment in AVEVA Stadium isn’t just for the next generation. It fits the city’s goals of bolstering its present event offerings. “A real critical part of our success here is that we need to use it year-round. We can’t make a viable go of it if we’re just playing 12 games here,” Colona said. “It’s part of the city’s vision and why they were willing to do this as a private-public partnership. They think the city is missing out on some of these smaller and mid-size events because we don’t have the facilities. The smallest stadium we have in town is BBVA (Compass Stadium), where the Dynamo play. Well, we couldn’t even afford to turn the lights on over there.
The venue still won’t be fully functional Saturday when it opens for the SaberCats’ 5 p.m. match against the Seattle Seawolves, but Colona expects fans to enjoy a fuller experience by May. At that point, his job will have shifted from stadium project management to figuring out how to fill the stands and find groups interested in renting the space for concerts or other events.
“This is a long-term project. We’re showing a level of commitment to the rugby fans in this town,” he said. “It’s the old ‘Field of Dreams’ line: If you build it, they will come.” https://www.houstonchronicle.com/spo...photo-17210901
AVEVA Stadium's address is 2055 Mowery Road / Houston, TX 77045, but for those using a mapping app on their phone, it’s best to search for Houston Sports Park, as both Google Maps or Apple Maps will direct you to a location on Mowery, but that location is about a mile west of the actual stadium. https://www.houstontx.gov/abouthoust...vastadium.html
Houston based Waste Management,, the largest waste management company in the Country acquires a Florida waste disposal company expanding it's service area, and helping to diversify the Greater Houston economy.
Houston-based Waste Management provides waste management environmental services, and owned or operated 247 solid waste landfills and five secure hazardous waste landfills as of December 2018.
Advanced Disposal, based in Ponte Vedra, Florida, is the fourth-largest solid waste company in the United States and provides non-hazardous solid waste collection, transfer, recycling and disposal services in 16 states and the Bahamas.
Saul Loeb | AFP | Getty Images
Workers sort recycling material at the Waste Management Material Recovery Facility in Elkridge, Maryland, June 28, 2018. https://www.cnbc.com/2019/04/15/wast...llion-wsj.html
Today we have two manifestations of Houston's growing economic diversity !
First two Tech giants team up to develop a business accelerator coming to Rice universities Midtown Tech center the Ion.
Then we will read that American Airlines is building a maintenance station at IAH.
Microsoft and Intel are collaborating on a Houston program aimed at helping companies developing sensors, robotics and other technologies that focus on big-city problems such as transportation and disaster response.
The Ion Smart Cities Accelerator, a partnership of the two tech giants along with startup hub Station Houston and the collaborative manufacturing workspace TXRX Labs, will start its programming on Aug. 1. It will provide six months of structured curriculum and six months of pilot programs to companies developing "internet of things" technologies that can be used in cities. https://www.chron.com/techburger/art...r-13771683.php
American Airlines plans to open a new line maintenance station in Houston to provide additional support for the carrier’s high-traffic summer travel season. The carrier says its new $42 million station at Houston’s George Bush Intercontinental Airport (IAH)—which will be the American’s 29th—should improve operational reliability and increase the number of available aircraft.
According to Kevin Brickner, senior vice president of technical operations at American Airlines, the airport sees an average of 38 American Airlines daily departures, which provides additional opportunities for the carrier to perform maintenance on its aircraft. The new line station will service the carrier’s Boeing 737 and Airbus A319, A320 and A321 aircraft.
According to American Airlines, the new station will be staffed by approximately 46 aircraft maintenance technicians (AMT) and support personnel, which the carrier will begin recruiting in May during the line station’s first phase. During this time, the airline says it will secure a temporary space at IAH before adding additional maintenance work, such as service checks and engine washes. https://www.mro-network.com/maintena...enance-station
Economic diversity is breaking out all over the Greater Houston economy. Today we have 3 examples of Houston companies in three different sectors (Pharmaceutical , 3D Tech, and food distribution) of the economy adding to the economic diversity of Greater Houston.
First, Moleculin Receives FDA Approval of Fast Track Designation for Annamycin
HOUSTON, April 18, 2019 /PRNewswire/ -- Moleculin Biotech, Inc., (Nasdaq: MBRX) ("Moleculin" or the "Company"), a clinical stage pharmaceutical company with a broad portfolio of drug candidates targeting highly resistant tumors, today announced that the U.S. Food and Drug Administration ("FDA") has approved its request for Fast Track Designation for its drug, Annamycin, for the treatment of relapsed or refractory acute myeloid leukemia ("AML").
About Moleculin Biotech, Inc.
Moleculin Biotech, Inc. is a clinical stage pharmaceutical company focused on the development of a broad portfolio of oncology drug candidates for the treatment of highly resistant tumors. The Company's clinical stage drugs are: Annamycin, a Next Generation Anthracycline, designed to avoid multidrug resistance mechanisms with little to no cardiotoxicity being studied for the treatment of relapsed or refractory acute myeloid leukemia, more commonly referred to as AML, WP1066, an Immune/Transcription Modulator capable of inhibiting p-STAT3 and other oncogenic transcription factors while also stimulating a natural immune response, targeting brain tumors, pancreatic cancer and AML, and WP1220, an analog to WP1066, for the topical treatment of cutaneous T-cell lymphoma. Moleculin Biotech is also engaged in preclinical development of additional drug candidates, including additional Immune/Transcription Modulators, as well as compounds capable of Metabolism/Glycosylation Inhibition. https://www.prnewswire.com/news-rele...300834393.html
Next, Houston company re:3D is opening a Clear Lake facility for the public to learn about 3D printing, participate in workshops and take hands-on tours.
The company specializes in creating large-scale, affordable industrial 3D printers, including ones that uses plastic waste for printing.
Finally ,Sysco Acquires J & M Wholesale Meats and Imperio Foods
HOUSTON, April 12, 2019 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, today announced it has acquired J & M Wholesale Meats and Imperio Foods, Inc., leading California distributors with approximately $44 million in combined annual sales.
J & M Wholesale Meats and Imperio Foods, sister companies based out of Modesto, California, operate throughout northern California and Oregon. J&M Meats, founded in 2003, is a foodservice distributor who specializes in center of the plate products, serving foodservice customers and small retail locations in the Hispanic segment. Imperio Foods was founded in 2014 and carries dry Hispanic retail-pack canned good products.
About Sysco
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With over 67,000 associates, the company operates approximately 330 distribution facilities worldwide and serves more than 600,000 customer locations. For fiscal 2018 that ended June 30, 2018, the company generated sales of more than $58 billion. https://www.globenewswire.com/news-r...rio-Foods.html
The Port of Galveston is doing its own thing in helping to diversify the Greater Houston economy.
Wind energy brought significant cargo growth for the Port of Galveston during the first three months of 2019, the port announced Monday.Cargo related to wind energy increased to 21,355 tons in the first quarter, up from 928 tons for the same period last year.
"Cargo business is alive and well in Galveston," Port Director and CEO Rodger Rees said in a news release. "We anticipate a substantial increase, especially in wind energy, due to two project agreements in effect until the end of 2019."
Year-over-year for the month of March, the port also saw tonnage increase 2 percent for bananas and fruit, 8 percent for bulk grains and 27 percent for roll-on/roll-off cargo.
And Galveston is expecting 297 cruise ship calls for all of 2019, which is 27 more than last year.
A economic impact study shows the enormous economic importance of the Port of Houston in not only sheer numbers but in economic diversity as well.
The Port of Houston accounted for 10 percent of all jobs supported by U.S. ports in 2018, according to an economic impact study released this week.
The report, prepared by Martin Associates on behalf of the Port of Houston Authority, found that 1.4 million jobs in Texas last year were related to cargo moving through the port's public and private docks. Of that:
67,039 were direct jobs, generated by cargo and vessel activity at the port. About 77 percent of these were held by Harris County residents;
102,882 were induced jobs, those at grocery stores, healthcare providers and the like when direct employees buy goods and services;
55,103 were indirect jobs, which include companies dependent on the port's activity for providing insurance products or maintenance and repair services; and
1.1 million related jobs, largely tied to importing and exporting firms.
Taken together, direct, induced, indirect and related jobs related to the Port of Houston employed 3.2 million people in 2018.
The Houston Ship Channel generated nearly $802 billion in U.S. economic value last year. In Texas, it generated $339 billion -- 20.6 percent of the state's $1.6 trillion GDP.https://www.houstonchronicle.com/bus...photo-16513922
KBR a company known for oil and gas support services gets a makeover, and a change in classification to IT consulting, due to its Government and military support business now accounting for over 60% of its business model. Thus not only is KBR diversifying its own business model, but helping to transform and diversify the Greater Houston economy as well.
MSCI to change KBR's GICS® Code to IT Consulting & Other Services
HOUSTON, April 25, 2019 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that MSCI Inc. (MSCI) has confirmed that KBR's Global Industry Classification Standard (GICS®) code will be changing to 45102010 (IT Consulting & Other Services), which will align with KBR's government services peer companies. The new GICS ® code will be effective as of the market close on April 30, 2019.
This GICS ® code more accurately reflects the company's transformed business mix, where more than 60% of KBR's consolidated results stem from the government segment.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 36,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:
Government Services, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
Additional contract awards supports new KBR classification.
KBR Wins Three LOGCAP V Contracts to Continue Legacy of Supporting U.S. Troops
HOUSTON, April 14, 2019 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that its global government services business, KBRwyle, has been awarded multiple prime contracts to provide logistics support services to the U.S. Army, coalition partners and other federal agencies under the $82B Logistics Civil Augmentation Program (LOGCAP) V contract. This indefinite-delivery/indefinite-quantity (IDIQ) contract has an initial five-year ordering period and options for five additional one-year ordering periods.
Under LOGCAP V, KBRwyle received a large performance task order to provide LOGCAP logistics support services in Afghanistan. It was also awarded contracts for setting the theater and associated performance task orders to support the U.S. European Command (EUCOM) and Northern Command (NORTHCOM). Each task order has its own period of performance.
KBRwyle won three of the seven major contracts the U.S. Army awarded under LOGCAP V.
KBR a company known for oil and gas support services gets a makeover, and a change in classification to IT consulting, due to its Government and military support business now accounting for over 60% of its business model. Thus not only is KBR diversifying its own business model, but helping to transform and diversify the Greater Houston economy as well.
MSCI to change KBR's GICS® Code to IT Consulting & Other Services
HOUSTON, April 25, 2019 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that MSCI Inc. (MSCI) has confirmed that KBR's Global Industry Classification Standard (GICS®) code will be changing to 45102010 (IT Consulting & Other Services), which will align with KBR's government services peer companies. The new GICS ® code will be effective as of the market close on April 30, 2019.
This GICS ® code more accurately reflects the company's transformed business mix, where more than 60% of KBR's consolidated results stem from the government segment.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 36,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:
Government Services, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
Additional contract awards supports new KBR classification.
KBR Wins Three LOGCAP V Contracts to Continue Legacy of Supporting U.S. Troops
HOUSTON, April 14, 2019 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that its global government services business, KBRwyle, has been awarded multiple prime contracts to provide logistics support services to the U.S. Army, coalition partners and other federal agencies under the $82B Logistics Civil Augmentation Program (LOGCAP) V contract. This indefinite-delivery/indefinite-quantity (IDIQ) contract has an initial five-year ordering period and options for five additional one-year ordering periods.
Under LOGCAP V, KBRwyle received a large performance task order to provide LOGCAP logistics support services in Afghanistan. It was also awarded contracts for setting the theater and associated performance task orders to support the U.S. European Command (EUCOM) and Northern Command (NORTHCOM). Each task order has its own period of performance.
KBRwyle won three of the seven major contracts the U.S. Army awarded under LOGCAP V.
Speaking of the Devil KBR today announces another Government contract with N.A.S.A. building facilities in Florida and helping to further diversify the Greater Houston economy.
KBR joint venture lands $608 million contract for two NASA facilities in Florida
A joint venture that includes Houston's KBR has landed a $608 million contract for two NASA facilities in Florida NASA awarded the base operations and spaceport services contract to PAE-SGT Partners LLC, a joint venture between KBR subsidiary SGT and Virginia-based defense contractor PAE.
Under the two-year deal, PAE-SGT Partners will provide operations, maintenance and launch support services at both the Kennedy Space Center and the NASA facilities at the Cape Canaveral Air Force Station
"This is an exciting win that significantly expands our relationship with NASA and grows our space franchise," KBR CEO Stuart Bradie said in a statement.
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