America's Growth Cities
Commerce, Healthcare, Liftoff
Houston, Texas, a city of 2.3 million situated on the Gulf of Mexico, has established itself economically as the top export city in the United States, as determined by the U.S. Department of Commerce. It is also where the Texas Medical Center is located, the largest concentration of healthcare and medical research institutions in the world. And Houston is home to NASA’s Johnson Space Center, where Mission Controltracks the astronauts who circle the globe.
Live In America EB-5is not alone in seeing that a key ingredient in this mix is local education. The University of Houston produces 12,500 new graduates a year, many of them entering the Houston workforce. These degree-holders are inclined to stay in Houston. After five years, according to a University study, 80.5% are still living and working in the region. Forbes has ranked the Houston Metro area as first in Texas and third in the U.S. in the category of “Best Places for Business Careers”. Kiplinger’s Personal Finance gives high marks to Houston for its reasonable living costs and quality of life.
The Texas Medical Center is the largest life sciences destination in the world. With 54 institutions and 106,000 employees, many of them University of Houston pre-med and nursing school graduates, along with thousands of volunteer and patient visits every day, TMC has over 7 million people come to its campus each year. Among its many facilities, TMC is home to the renowned M.D. Anderson Cancer Center, recognized as the #1 cancer hospital in the world. TMC is also where the Texas Heart Institute performs more heart surgeries than any other hospital anywhere.
The Lyndon B. Johnson Space Center, named for the Texas native who was 36thPresident of the United States, is NASA’s Manned Spacecraft Center. The complex of over 200 buildings sits on 1,700 acres in the Clear Lake area of Houston and is where human spaceflight training, research and flight control are conducted. Approximately 15,000 civil servants and contractors, including 110 astronauts, are employed at what the world has come to know as Mission Control. Their jobs and training include astronauts working with engineers and support staff to practice spacewalking in the neutral buoyancy lab, an enormous pool that holds 6.2 million gallons of water, and also dealing with the intricacies of operating the Center’s 430-ton space station mockup. One would have to believe that a goodly portion of those workers are graduates of the University of Houston’s Cullen College of Engineering.
For their off time, Houston has many amenities that the Space Center and Medical Center personnel can enjoy. Texas Monthly tells us that Houston is second only to New York in the number of patrons its resident companies play to in all the performing arts: opera (Houston Grand Opera), ballet (Houston Ballet), music (Houston Symphony Orchestra), and theater (The Alley Theatre, Theatre Under the Stars). Add to these the folk and jazz artists who play in the bars and restaurants every night, and the touring acts that come through town, and you’ve got a city that always has more to offer than it’s possible to see.
Among the city’s outstanding museums are The Museum of Fine Arts, The Houston Contemporary Arts Museum, Houston Museum of Science, and Holocaust Museum Houston.
For sports fans, Houston has the Astros, who won baseball’s World Series in 2017, defeating the Los Angeles Dodgers 4 games to 3. It also has the Houston Rockets, who have won two National Basketball Association Championships. The Houston Oilers football team relocated to Tennessee and have been replaced by the expansion team Houston Texans. The Scrap Yard Dogs are the city’s women’s professional softball team.
Back to education: The top high school to shoot for in Houston is Carnegie Vanguard, an elite public school of 640 students located downtown that is the city’s magnet school for gifted and talented students. Admission is via a process that determines if an applicant indeed has those qualities. The bulk of the school’s curriculum is taught at the honors or Advanced Placement level. 100% of Carnegie Vanguard graduates go on to attend college or university. Many matriculate at the University of Houston, but many others are chosen by the likes of Yale, Harvard, Dartmouth, MIT, UC Berkeley, Stanford and University of Chicago. U.S. News & World Report ranked Carnegie Vanguard as the fourth best high school out of 1,523 in Texas and #15 Nationally.
Houston has 88 neighborhoods that were graded by Niche as to which is the best to live in. Factors considered included cost of living, public schools, job accessibility, and local amenities. Niche ranked Houston’s Memorialneighborhood as #1. The area was also ranked #1 for raising a family, a ranking that took into particular account the high quality of the district’s elementary schools. And apparently the restaurants are good, too. As one Memorial resident told Niche, “The shopping and restaurants are off the chart for a residential area.”
For EB-5 investors to whom this profile has appeal in regard to their plans for a new life in America, Live In America EB-5 would be pleased to work with them in exploring what else Houston and the state of Texas have to offer. An email to info@LiveInAmerica.us will receive a prompt response.
Zillow lists the median price for a home in Midtown Houston at $312,400. The median price in Memorial is $474,800.