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Why Houston is a Top City for Professionals

Published Aug 09, 2024 by Hailea Schultz

UH

Houston has quickly established itself as one of the most attractive cities for professionals aiming to advance their careers. With a booming economy, diverse job market and a business-friendly landscape, the city offers an ideal environment for career growth. 

Robust Economy and Industry Mix 

Boasting an extensive range of thriving industries, including energy, life sciences, aerospace and technology, Houston offers an abundance of career opportunities and pathways, catering to professionals with varied interests or those seeking to transition into new fields. According to the Partnership’s 2024 Houston Facts publication, Houston has added more than 620,000 jobs post-pandemic.  

A Hub for Corporations and Innovation 

With its leadership in key industries, Houston is globally recognized as the Energy Capital of the World and Space City, drawing major corporations to the region. The city now hosts 24 Fortune 500 companies, with Chevron being the latest addition. This corporate presence has created a fertile environment for entrepreneurship, providing startups with access to cutting-edge technologies, infrastructure, operational support and funding. Leveraging these resources, Houston has established itself as a city where you can not only build your business from the ground up, but also achieve scalability, an advantage that is difficult to find elsewhere.  

According to the Partnership, Houston is home to 9,300 tech-related firms, including more than 1,000 venture-backed startups. These companies have received $7.54 billion in venture capital funding over the last five years, including $1.60 billion last year.  

Home to Top-Tier Educational Institutions 

The city is also home to prestigious institutions such as Rice University, the University of Houston and the Texas Medical Center, one of the largest medical complexes in the world. These institutions serve as catalysts for research and groundbreaking discoveries, making Houston a leading hub for innovation.  

Additionally, the city’s community colleges, including Houston Community College, San Jacinto College, Alvin Community College, Lone Star College and others, play an instrumental role in shaping the workforce of tomorrow. These institutions provide a vast range of career development and training programs, as well as continuing education opportunities tailored to meet the evolving needs of the region’s job market. 

Affordable Living Costs 

Houston provides a cost of living that is six percent below the U.S. average and nearly 30 percent lower than that of the nation’s 20 largest metropolitan areas, according to the Partnership. The city also offers some of the highest adjusted salaries for new graduates, with an average annual income of $65,648, according to a report by payroll software company Gusto. This combination of low living costs and competitive salaries enhances the city’s appeal as a place where professionals can thrive both financially and personally. 

Ready to advance your career? The Greater Houston Partnership’s Houston Young Professionals and Entrepreneurs program provides valuable professional development for aspiring business and community leaders through networking and skill-building opportunities. Discover how you can participate and enhance your career growth

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Rising in Houston: Projects to Look Forward to in 2025 and Beyond

1/10/25
Houston is a city that thrives on transformation, and 2025 promises to be no exception. From groundbreaking developments redefining sustainability to multi-use destinations enhancing urban walkability, Houston’s skyline and neighborhoods are set for exciting changes. Here’s a closer look at some of the most anticipated developments shaping the city in the years to come.   Tony Marron Park  The revitalization of Tony Marron Park is at the heart of the $310 million Buffalo Bayou East project that will extend the park into Houston’s East End and Fifth Ward neighborhoods. The plans for Tony Marron Park include nearly doubling the park’s size, growing it from 19 acres to 40. As a central hub for Buffalo Bayou East, the redesigned park will feature sprawling lawns, civic spaces with soccer fields, vibrant public art, a multi-age play area, an interactive water playscape, a barbecue pavilion with a picnic grove and more. Construction is set to begin as the park closes this month.  Click to expand One Bridgeland Green  One Bridgeland Green is a key feature of Bridgeland’s Village Green at Bridgeland Central, a mixed-use development located within the 925-acre master-planned community in Cypress. This innovative project will be the region’s first mass timber office building, designed to significantly reduce environmental impact by cutting greenhouse gas emissions by 20 percent and lowering annual water consumption by 80 percent. The development is on track for completion this summer.     Click to expand GreenStreet  GreenStreet, the four-block mixed-use district in downtown managed by Texas-based real estate firm Rebees, is slated for a multimillion-dollar makeover. Planned updates include converting the former Forever 21 building into a pedestrian-friendly alleyway filled with dining, retail and nightlife attractions. Additional enhancements feature the installation of rooftop solar panels, improved landscaping with lush gardens and upgraded office spaces with multi-level amenities. Phase one of construction is expected to commence in Q1 2025 and be completed by Q3.  Click to expand Swift Building  The former Swift and Co. building, located in Houston’s Heights neighborhood, is set to be transformed into a 4.47-acre mixed-use development. The new Swift Building will encompass over 60,000 square feet dedicated to retail, office and restaurant space, all overlooking the popular Heights Hike-and-Bike Trail nearby. The project is set to be completed this year.   Park Eight Place  The former Halliburton campus in the Westchase District is set to be transformed into Park Eight Place, a walkable, 70-acre mixed-use destination. The $1 billion project will feature a mix of residential, retail, hotel and office space with access to nature and recreational amenities in the adjacent 200-acre Arthur Storey Park. Construction on roads and utilities is scheduled to begin this year.  Click to expand More Space: Main Street 2.0  The More Space: Main Street 2.0 project aims to increase Houston’s walkability by transforming seven blocks in downtown into a pedestrian-friendly destination. The project will extend Main Street from Commerce to Rusk and add four additional blocks from Rusk to Allen’s Landing, bringing the area to span a total of 11 blocks. This expansion will permanently block off traffic to the area, creating a promenade where people can safely eat, shop and gather. Construction is scheduled to start this year and expected to finish ahead of the FIFA World Cup 2026™ matches.  Click to expand San Jacinto Marketplace  The former San Jacinto Mall in Baytown is getting a makeover. The 105-acre project, dubbed San Jacinto Marketplace, will include 500,000 square feet of retail and dining space, and a public green space. Pedestrian walkways will also be constructed to connect key areas throughout the marketplace, enhancing accessibility and walkability. Phase one of the project is expected to be completed next year.   Ritz-Carlton Residences  The Ritz-Carlton Residences, the first stand-alone of its kind in Texas, began construction in The Woodlands last year. Nestled along Lake Woodlands, the luxury condominium offers 39 floor plans and an array of upscale amenities, including a wine cellar, library, fitness center, pickleball and bocce courts, sauna, multi-sport simulator, dog park and more. Completion of the project is anticipated in 2027.  Learn more about why businesses are choosing Houston and what it means to live, work and play in the Bayou City. 
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