Houston Now

Why Houston, and what is being built.

What is drawing people here, what is under construction, what there is to do, and what to know before you move. Updated October 11, 2026.

Why people move here

The case for Houston

7.9 million

people in metro Houston as of July 2025, after adding nearly 127,000 residents in a year, the largest gain of any U.S. metro.

Greater Houston Partnership, Apr 2026
No state income tax

Texas has no individual income tax.

Tax Foundation, 2026
27 Fortune 500 headquarters

on the 2026 list, tied for second among U.S. metros.

Greater Houston Partnership, June 2026
120,000+ employees

at the Texas Medical Center, with about 10 million patient encounters a year.

Texas Medical Center
62 million passengers

through Bush Intercontinental and Hobby airports in 2025.

Houston Airports, Mar 2026
6.3% below average

Houston's cost of living compared with the national urban average, on the C2ER index.

Greater Houston Partnership, Sept 2026
1 in 4 residents

in the metro was born outside the United States.

Greater Houston Partnership, Dec 2025
Largest U.S. port by tonnage

The Port of Houston anchors the region's trade and industrial jobs.

Port Houston, Aug 2026

What is being developed

Projects shaping the region

North & Northeast

Under construction

Northpark Drive overpass, Kingwood

Northpark Drive is being widened to six lanes with a new overpass over the railroad tracks and Loop 494, one of the two main ways into Kingwood.

Community Impact, Feb 2026
In design, construction planned 2028 to 2030, funding not fully secured

Lake Houston Dam spillway gates

A flood-mitigation project to add 11 gates to the Lake Houston dam so water can be released faster ahead of major storms.

Community Impact, Dec 2025
Under construction, completion scheduled for fall 2026

Bush Intercontinental Terminal B

A $2.5 billion rebuild by United and Houston Airports, with a new 22-gate north concourse and 40 gates in all.

Houston Airports, Oct 2025
Final segments were opening in early 2026

FM 1960 widening, Humble and Atascocita

TxDOT has rebuilt FM 1960 as a six-lane divided road toward the Lake Houston bridge.

Community Impact, Feb 2026
Proposed, public comment closed Oct 2026

Grand Parkway widening, Spring to New Caney

TxDOT has proposed adding a lane each way on nearly seven miles of the Grand Parkway, plus new I-45 connectors.

TxDOT, Sept 2026
Under construction

Valley Ranch Azalea District, New Caney

The Signorelli Company broke ground on the final 328-acre residential expansion of Valley Ranch, with 359 homes and a healthcare-focused commercial district.

REjournals, Apr 2026
Under construction, opening scheduled for 2027

The Ritz-Carlton Residences, The Woodlands

A 15-story condominium on Lake Woodlands by Howard Hughes.

PaperCity, Oct 2025

Across the region

Under construction, a multi-year project

I-45 North Houston Highway Improvement Project

TxDOT is rebuilding I-45 and the downtown freeway system, a project now estimated at about $13 billion.

TxDOT project page
Under construction, opening set for May 2028

George R. Brown Convention Center expansion

Houston First is adding a 700,000-square-foot south building with exhibit halls and a ballroom.

Courier Texas, Jan 2026
Campus open, next phase planned

TMC Helix Park

The Texas Medical Center's 37-acre research campus opened in 2023. A hotel and conference center are planned next.

Community Impact, Nov 2025
Under construction, completion in 2027

Hobby Airport West Concourse

A $470 million expansion adding seven gates for domestic and international flights.

Houston Airports, Dec 2025
Preliminary design, construction largely unfunded

Coastal Texas Project

The storm-surge barrier system for Galveston Bay, often called the Ike Dike.

KPRC, Dec 2025
Merger completed May 2026

Energy headquarters

Devon Energy completed its merger with Houston-based Coterra, and the combined company is headquartered in Houston.

Greater Houston Partnership, Feb 2026

Status is as reported by each source on the date shown. Schedules and budgets change, so check the source for the latest.

Things happening

Life in Houston

Houston Livestock Show and Rodeo

Late February into March at NRG Park.

Professional sports

Astros at Daikin Park, Rockets at Toyota Center, Texans at NRG Stadium, Dynamo and Dash at Shell Energy Stadium.

The Comets return

Houston's WNBA team is set to begin play at Toyota Center in the 2027 season.

World Cup city

NRG Stadium hosted seven matches of the 2026 FIFA World Cup.

Museum District

19 museums and cultural centers in one walkable district.

Theater District

17 downtown blocks, home to the Houston Grand Opera, Symphony and Ballet.

Space Center Houston

The visitor center for NASA's Johnson Space Center in Clear Lake.

The Woodlands Pavilion

Concerts and performing arts at the Cynthia Woods Mitchell Pavilion.

Through the year

Chevron Houston Marathon in January, Art Car Parade in April, Wings Over Houston in October, the Thanksgiving Day Parade in November.

Sources: City of Houston annual events Greater Houston Partnership, Mar 2026 Houston First KPRC, May 2026

Straight talk

What to know before you move

Property taxes

Texas makes up for no income tax with property taxes. The statewide effective rate on owner-occupied homes is about 1.4%, and local school and utility district rates vary widely.

Tax Foundation, 2026

Home insurance

The average Texas homeowners premium was $3,291 in 2024, after several years of increases.

Texas Department of Insurance

Flooding

Hurricane Harvey flooded about 154,000 homes in Harris County in 2017, and a little under half were outside mapped floodplains. Flood history matters street by street.

Community Impact, June 2018

Traffic

Houston-area roads made up 36 of the 100 most congested road segments in Texas in 2025. Where you live relative to work matters.

Spectrum News, Nov 2025

Heat

Summers are long, hot and humid. Air conditioning is a necessity and a line in your budget.

Relocation

Moving to Houston? Start with where you will work.

I help relocating families choose an area first and a house second.

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