Monday, April 30, 2018

National Small Business Week

Just doing what I can to share with Houston these moments from the National Small Business Week announcement at City Hall.  A couple of links towards the bottom for sweets and sweetness.











https://peoplefund.org/


http://www.sweetsbybelen.com/















https://www.chickswithclass.com/


Mayor showing an interest in young man's education and future.

Wednesday, April 11, 2018

Former Sears to Anchor Houston's Innovation District

At least that is the way I am thinking about it.  It is wonderful that the city is moving towards having an innovation district and that there are a host of collaborative groups.  I will continue to work for nodes of this district to be placed in our neighborhood.  In the meanwhile that this is on the Red Line and  Rice is involved I see as a very positive effort.

Mayor and Rice President Announcement of Announcement


The picture is next to where Blue 1647 began so hopefully there will be many and as much education for all ages provided in our district just as we have begun with the great folks at The Castillo Center.

And so a bunch of photos that hopefully later I will add words for.

As this blog is written mainly for my own pleasure so even though Google invites me as journalist to various events I have declined offers to write in more recognized forums and so for about fifteen minutes I was checked out by Rice PR then allowed into this wonderful old building.  The story neither begins nor ends here and I will try to bring the story to you and also link to others telling this story.  I catch the train on Fulton and Cavalcade.  William Fulton wrote about how to make an innovation district work.

Continued reading from The Edward's Edition:



ON THE ISSUES: The Big Announcement - Houston's Innovation District

"The future belongs to those who see possibilities before they become obvious." - John Sculley, Entrepreneur

A vibrant place where the possibilities of the future are both imagined then transformed into reality will soon come to fruition in Houston and will be known as Houston's Innovation District. In so many technology and innovation ecosystems across the world, innovation districts were once a far cry from accepted reality of the status quo when they were first imagined. From the Innovation District in Shanghai, China to Silicon Valley in California, innovation districts have now become prominent features of numerous technology and innovation ecosystems across the globe, as they help to cultivate innovation economies. According to the Brookings Institute, innovation districts make their cities more dynamic by creating an atmosphere of "open innovation," whereby ideas and knowledge can be transferred seamlessly among institutions, firms and workers.[2] Innovation districts build strong links between shaping the economy, building spaces and networking socially. They also innovation districts can provide a strong foundation for job growth, offer new education and employment opportunities, and they can combat urban sprawl and promote mass transit.[3]

In just a few months after the closure of Sears in Midtown, Dr. David Leebron of Rice University (who owns the 9-acre tract)[4] led the effort to transform what had been merely a recommendation from the final report of the Mayor's Task Force for Technology & Innovation[5] and other ecosystem experts (including Accenture) to firm plans to develop Houston's Innovation District - starting with the old Sears building in Midtown Houston.

While Houston proves to be the most diverse city in the country, the "Energy Capital of the World," home to the world's largest medical center - The Texas Medical Center, home to NASA, home to the second busiest port in the nation[6], and may tout many other strengths, Houston has not been remotely close to reaching its potential relating to venture capital investment and the cultivation of technology & innovation start-ups. With cities like Chicago going from $390 Million in venture capital investment in 2012 to an astounding $1.7Billion within 5 years according to the Built In Chicago Annual Report for 2016[7], due, in part, to the creation of their technology start-up center, known as 1871[8] and other high profile wins like the success of Groupon and Google's office there, the need for Houston to be much more strategic, collaborative and innovative in cultivating an innovation ecosystem could not be more evident. Houston's Innovation District serves as one important step in cultivating a more robust Houston innovation economy.

Details on Houston's Innovation District

Houston's new Innovation District will convert the Sears building (while preserving its Art Deco features) and the surrounding 9-acre site into a transformative destination where technology and innovation start-ups, academics and entrepreneurs can come together to help promote Houston as a center for technology and innovation.[9] Its proximity to Downtown and the Texas Medical Center and access to transit also will help investors and corporations have easy access to the Innovation District. The Innovation District will be comprised of varied co-working spaces and present opportunities to engage in cross-industry collaborations, host labs where companies can show off prototype projects, and provide academic expertise and support - not only from Rice University but from myriad universities including, but not limited to the University of Houston, the University of Houston Downtown, Texas Southern University, University of St. Thomas and Houston Community College. The Innovation District will also include a shared space of amenities and collaborative programming, helping to connect Houston with a variety of businesses - established and new.[10]

Midtown sits at the intersection of many of Houston's diverse neighborhoods, including Downtown, Montrose, the Museum District, the Third Ward, and the Sears building will be close to Houston's Metro light rail - red line, providing public transportation links and walkability. The Innovation District in Midtown will have room to grow, can take advantage of Houston's diversity, and may connect diverse communities.

The first phase of development (the Sears building renovation) is expected to be completed by early 2020.[11] The timeline for future developments is not yet known, but the Rice Management Company has said they will spend $100 million developing the building, and President Leebron has high hopes for the project, as he stated, "[w]e expect the successful development of this hub, along with other centers of innovation located elsewhere in the city, to drive Houston's reputation as a center for innovation and start-up companies and provide jobs and related educational opportunities."[12] Rice has likened the plans for the proposed Innovation District to other innovation hubs sponsored by major universities, such as the University of California: San Francisco's (UCSF) Mission Bay in San Francisco and Georgia Tech's Tech Square in Atlanta,[13] so Houstonians can expect great things from this important project.

From Pen & Paper to Reality

The announcement of Houston's Innovation District serves as a substantial leap into the implementation phase of the tireless plans and efforts of many, including the Mayor's Technology & Innovation Task Force (the "Task Force"), which was initiated and led by Council Member Edwards.[14] In fact, Council Member Edwards authored a budget amendment in 2016 to create the Task Force to cultivate a more robust technology and innovation start up ecosystem in Houston to promote economic growth in Houston. Culminating with a final report presented to the Mayor and City Council in June 2017, the Task Force (comprised of wide variety of leaders in academia, corporations, venture capital investment, start-ups and the government) studied Houston's ecosystem assets and other ecosystems, and even visited Cincinnati and Chicago to figure out what the "secret sauce" to success might be. Throughout these efforts, the importance of "collisions" for investors and start-ups to make easy connections, as well as to help facilitate collaboration among start-ups, among other benefits, kept being emphasized. Concentrating start-ups in a district makes it easier on venture capital investors to engage start-ups more efficiently. In addition, by creating dense work-play-live environments that include coffee shops, eateries, start-up co-working space and other features, via innovation districts, start-ups have access to more opportunity to thrive, which is why the recommendation of an innovation district was a prominent aspect of the Task Force final report.

Houston's Innovation District Fits the Task Force Criteria

The Task Force purposely did not identify winners and losers regarding the Innovation District recommendation; rather, it established criteria of elements the proposed Innovation District should include. Specifically, in the final report of the Task Force[15], the following criteria were established as key ingredients for Houston's Innovation District:
  • Be able to grow in density so that other ecosystem players (corporations, investors, research and academia, service providers & international companies) can participate and locate in the district.
  • Be a focal point of Houston's culture and entrepreneurial spirit, featuring eateries that celebrate Houston's diversity.
  • Balance live, work and play and have easy access to multi-modal transit options and walkable places.
  • Be Inclusive.
  • Be an ideal location to implement smart city technologies.
In an effort to promote more inclusion, the report also recommended that a liaison be designated to drive connectivity between the Innovation District and Complete Communities Initiative, including programming, events and training opportunities.

The Innovation District will fit the criteria established by the Task Force, as its proximity to both Downtown and The Texas Medical Center along the light rail line (red line) will connect corporations (customers), investors and academia to start-ups in the District. By owning several acres that can be further expanded, additional eateries can be enticed that supplement the strong eatery base of Midtown. This District can be a connector of diverse communities and be a site where multi-modal transit options, walkable places and smart city technologies are further promoted and embraced.

Future of Technology & Innovation in Houston

Council Member Edwards often remarks to youth that their futures are only limited by their own imaginations. The same holds true for Houston. Houston has had the raw ingredients for a robust innovation ecosystem for a long time, but has never had a winning recipe for success or a critical mass of the ecosystem stakeholders present at the same table at the same time. Now, the City of Houston (government), academia, the corporations, the investment community, and the start-up community are all at the same table ready to move the innovation ball forward in a substantial way. Doing so will enable Houston to become a "city of the future" in so many arenas. Stay tuned for more updates regarding Houston's Innovation District and more efforts to build our technology and innovation ecosystem.



[2] The Rise of Innovation Districts: Bruce Katz and Julie Wagner of the Brookings Institute: https://www.brookings.edu/essay/rise-of-innovation-districts/
[3] Id at 2
[4] Rice University owns the land upon which the Sears building stands, but the Rice Management Company manages the endowment of Rice University and makes business decisions on the university's behalf. http://www.ricethresher.org/article/2017/10/rice-management-company-buys-out-sears-land-lease-v2
[5]  Pursuant to Council Member Edwards' budget amendment, the Mayor's Task Force for Technology & Innovation Task Force was created. Council Member Edwards helped lead the Task Force comprised of the following leaders: John Reale, Jr. (Task Force Chair) (Station Houston); Jeff Reichman (January Advisors); Bill McKeon (Texas Medical Center); Lori Vetters (Houston Technology Center); Gina Luna (Luna Strategies); Dan Jacobs (NASA); Aziz Gilani (Mercury Fund); Paul Cannings (RPH Consulting); Yael Hochberg (Rice University); Ken Jones (University of Houston); and Carol Lewis (Texas Southern University).
[6] Houston Has the Busiest Seaport in the U.S. by Kiah Collier
[7]2016 Chicago Startup Report: $1.7B in Funding and 55 Exits by Andreas Rekdal:
[8] One of the catalysts for Chicago's growth is their own tech startup center, named 1871 after the famous Chicago fire. The 1871 project was created in 2012, and it was designed to link universities with entrepreneurs and tech start-ups. Originally funded by a $2.3 million grant from the State of Illinois and other financial support from J.B. Pritzker, it is located in the Merchandise Mart with the purpose of increasing innovation and job growth in the region, and it is credited for having played a leading role in Chicago's dramatic growth in tech and innovation. (http://www.chicagobusiness.com/article/20150521/BLOGS11/150529970/is-1871-becoming-too-big) Chicago has created 40,000 new tech jobs since 2011. ( https://www.inc.com/zoe-henry/3-reasons-why-chicago-is-the-second-best-city-for-startups.html)
An Unexpected Source of Innovation: Chicago Tech Center 1871 Expands by Vicki Gerson
[10] Rice University Internal Innovation District Announcement Presentation
[11] Id at 9.
[12]Rice to invest $100 million in Houston Innovation Hub by Emily Abdow http://www.ricethresher.org/article/2018/04/rice-to-invest-100-million-in-houston-innovation-hub
[13] Id at 10.
[14] John Reale served as chair of the Task Force.




Shadow of myself as I walk to the train on a narrow street in the small square of God's green earth that I call Home and Lindale 
Shadow of myself as I walk to the train on a narrow street in the small square of God's green earth that I call Home and Lindale



Fenced and closed old Sears building on South Main in bright Houston morning sunlight