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Another lane closure expected to create even more delays on the 610 West Loop
20 May 2019 at 12:39pm
This story comes from our partners at KHOU 11. Click here to see the original story and video.
HOUSTON ? Heads up for those of you who regularly travel the 610 West Loop.
The delays will be even worse with a new lane closure for the next six weeks.
The lane closure is impacting northbound and southbound sides of the freeway from Westpark to Bissonnet from 5 a.m. May 20 until 5 a.m. July 1.
The worst of the slowdown will likely be on the northbound side ? adding about 10 to 15 minutes on top?
How the industrial sector is adapting to new technology
by Jake Donaldson
20 May 2019 at 12:37pm
The evolution of e-commerce over the past decade has put the spotlight on the industrial sector and the need for more efficient industrial facilities located close to urban centers. Increased online shopping and a focus on fast turnaround has created a frenzy of development of last-mile fulfillment centers in Houston and other major markets. Houston currently has 16 million square feet of industrial product under construction, a new record in industrial development for the region.
So, how do we?
NRG Energy buys retail electricity and natural gas business for $300M
by Olivia Pulsinelli
20 May 2019 at 12:28pm
NRG Energy Inc. (NYSE: NRG), which has dual headquarters in Houston and New Jersey, is scooping up another business that will grow the company?s market share in Texas and other states.
In the all-cash deal, NRG will pay $300 million plus working capital for Dallas-based Stream Energy?s retail electricity and natural gas business, according to a May 20 press release. The deal is expected to close in the third quarter of 2019 and add $65 million in annual EBITDA, per the release.
Houston real estate firm launches investment sales division with hires from M...
by Jeff Jeffrey
20 May 2019 at 12:26pm
Houston?s NewQuest Properties? effort to broaden its brokerage service offerings got a boost this week with the launch of a dedicated investment sales division. The latest expansion comes less than a month after the firm added a health care and wellness group.
The new investment sales division will be led by David Luther and Kelley Workman, who joined NewQuest from Marcus & Millichap, according to a press release. Luther and Workman were not immediately available for comment.
At his former?
National homebuilder focused on growth buys 1,600 lots across Houston
by Fauzeya Rahman
20 May 2019 at 12:19pm
The builder wants to expand its presence in Houston.
Sprint's 5G devices are coming soon to select markets, including Houston
by Lily Lieberman
20 May 2019 at 11:22am
It's official: Sprint Corp.'s two 5G-enabled devices will be available for purchase May 31.
The LG V50 ThinQTM 5G and HTC 5G Hub initially will be available to customers in the first four expected 5G markets ? Houston, Atlanta, Dallas and Kansas City.
The smartphones then will be available in Sprint?s (NYSE: S) other 5G markets ? Chicago, Los Angeles, New York City, Phoenix and Washington ? in the next few weeks as the Overland Park, Kansas-based wireless carrier rolls out its commercial?
To the moon and back: NASA taps SpaceX, Boeing, others for lunar lander research
by Annlee Ellingson
20 May 2019 at 11:11am
NASA aims to put a man back on the moon ? as well as the first woman ? by 2024 and has tapped 11 companies to start working on human landers.
The federal aerospace agency has awarded $45.5 million toward the effort, which is part of the Artemis lunar exploration program, which also looks toward establishing sustainable lunar missions by 2028.
NASA?s proposed plan is to transport astronauts in a human landing system that will need a transfer element for the journey from the lunar Gateway?
Houston-based tacos and tequila festival expanding to San Antonio
by Ryan Salchert
20 May 2019 at 10:58am
The Houston-based Texas Taco, Tequila and Music Festival is expanding for the first time to San Antonio on May 25.
The festival, produced by Inspire Productions, will be held from noon to midnight on the grounds of Nelson Wolff Stadium on the West Side. It will include two stages of musical acts, 30 taco vendors, a best taco contest, handcrafted margaritas, tequila tastings, artisan vendors, Lucha Libre wrestling, a lowrider car show and more.
The music lineup will be headlined by Los Lonely Boys?
Texas billionaire stuns college grads by pledging to pay off their student loans
by Will Anderson
20 May 2019 at 10:00am
Austin billionaire Robert Smith, CEO and chairman of private equity firm Vista Equity Partners, jump-started a tired commencement crowd on May 19 with a shocking pledge.
He delivered the commencement speech at Morehouse College, a private and historically black all-male college in Atlanta. After some usual graduation fare ? about the importance of education, his pride in his college degree from Cornell and some words of career advice ? Smith stunned the graduates by announcing, "This is my class,?
Country star's music venue and eatery plans second Houston location
by Laura Gillespie
20 May 2019 at 6:46am
The Rustic, which already has a downtown location, plans to open its second Houston location in Uptown Park.
Records filed with the Texas Department of Licensing and Regulation show a project called The Rustic Uptown & The Copper Club is being built at 1121 Uptown Park Blvd., Building A.
The filing lists a cost of $2.4 million for the project. Irving, Texas-based Idstudio4 is listed as the design firm of record, and national real estate firm Edens, which owns Uptown Park, is listed as the owner.