Houston Texas News

Houston, Texas, Is a Prosperous City

Houston, Texas, has a few cool things to brag about. The city boasts a booming tech industry and a growing demographic. There's a reason why the Texan has been named one of the top 10 most prosperous cities in the world. With the recent surge in oil prices, more and more businesses are looking to Lone Star State as a springboard to the big leagues. As such, the city is a hub for innovation. Some of the best tech companies in the world call the Bayou City home. This has led to the creation of a thriving ecosystem. A recent study ranked the city among the country's smartest cities. Houston Texas News

On the tech front, it's no secret that the city is the epicenter of the nation's energy and oil industries. That means there is plenty of room for a new crop of startups and re-inventions. To get them off the ground, the city is relying on an ever-growing list of high-quality talent. Among those newcomers is a company called NRG Energy. This tech juggernaut boasts more than 3,000 employees in the greater Houston area. They also acquired Direct Energy in January. One of their latest projects is a plan to roll out a "green" energy plan aimed at saving consumers and corporations millions of dollars.

In addition to the aforementioned green initiatives, the city is in the midst of a major revitalization that will result in hundreds of new businesses and millions of new jobs. One such company, Chevron, has offered to cover the costs of its employees' relocation. It's not surprising, considering the company's impressive tally of more than $17 billion in capital investment. Another thorn in the side is the state's pending redistricting, but the city's mayor and his cabinet are taking the necessary steps to make the transition a smooth and painless process.

As far as the best places to live in the state, the Houston metro area is chock full of notable neighborhoods. These include the Texas Medical Center, Downtown Houston, East End, the Montrose, and the Heights. Not to mention a handful of affluent suburbs such as Bellaire, Bray, Richmond, and Katy. However, the majority of the city's residents still reside in the urban core. This has been the genesis of Houston's economic boom, but it's also caused an arms race between local municipalities and the city's biggest employers.