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Houston energy holding company files for bankruptcy

The company is bringing more than $10 million in debt into Texas bankruptcy courts.

Port of Corpus Christi prepares for the era of supertankers

​Two major infrastructure projects planned for the Port of Corpus Christi are expected to grow exports by creating a "new era of supertankers" along the Texas Gulf Coast.

Why this Chinese developer is investing $100M into Cleveland, Texas

“This is going to set the bar for development in Liberty County.”

Report: Nearly half of Houstonians can’t afford rent

Many Houstonians, regardless of their age, are finding it difficult to afford their apartments.

New container yard at Port of Houston breaks ground

A new container yard for empty containers at the Port of Houston broke ground this week. Terminal Link Texas is building the 25-acre empty container yard inside the Bayport Container Terminal. The project is part of a public-private partnership, according to an Aug. 16 press release. As part of the lease agreement between Port Houston and TLT, the company will use the new container yard and return 14 acres that it currently operates there to the Port. The new container yard is expected to open…

Huge Houston automotive co. buys Fort Worth dealership

Houston-based Group 1 Automotive Inc. (NYSE: GPI) has acquired another luxury automotive dealership, and this one is a lot closer to home than some of its most recent acquisitions. Group 1 announced this week that it acquired the exclusive Audi dealership in Fort Worth, but the purchase price was not disclosed. The new addition is expected to generate $55 million in estimated annual revenue for Group 1. Group 1 owns and operates 13 Audi dealerships across Florida, Massachusetts, South Carolina,…

Texas Central Partners inks deal with city of Houston for bullet train

The city of Houston and Texas Central Partners have confirmed the general site for the Bayou City’s passenger station for the proposed high-speed train between Houston and Dallas. The city and company signed an agreement Aug. 17 to plan the economic development of the bullet train together, according to a press release. The terminal will be built somewhere south of U.S. 290, west of Loop 610 and north of Interstate 10 to allow for easy access for employment centers at the Galleria, Texas Medical…

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