In the last few weeks Houston took two giant steps toward becoming a global center for technological innovation. Two new projects will boost our local economy, bringing even more quality jobs to our city.
Houston, the Energy Capital of the World, has the world’s largest medical center, first- class universities, the nation’s largest import-export port and the Johnson Space Center. But we have lagged behind other major cities in using our know-how to encourage advances in the technology innovation and digital start-up world.
Thanks to our partners in the entrepreneurial, corporate, government, and academic communities, the old Sears building in Midtown is going to be renovated into an innovation center that will attract leaders in science, business, medicine and technology. It will shape Houston’s future by bringing people together to innovate side by side, creating a new competitive job market for residents and new arrivals.
The center will offer space and resources for people who want to develop their ideas and launch start-ups. We are envisioning an innovation district that will inspire creativity and a culture of innovation right in the heart of the city.
Also, several institutions in the Texas Medical Center have come together to create another exciting project scheduled for groundbreaking next year. The new TMC3 campus will allow researchers to achieve collaborative breakthroughs in therapeutics, medical devices, regenerative medicine, data science, and related areas.
TMC3 will create approximately 30,000 new jobs and advance Houston as a global hub for biomedical research. At more than 1.5 million square feet, the facility will also have laboratories, restaurants, retail space, a hotel, a conference center and even a public elevated park with gardens and walking and running trails.
These projects are just the beginning of a future in which Houston continues its history as a leader for science and innovation. We are undergoing great transformations, and I am confident in the crucial steps we are now taking to better the long-term health and resiliency of our growing city.
Houston Mayor Sylvester Turner