Along with Houston-based real estate developer Ancorian, Common Desk is headed for Houston. Courtesy of Common Desk

Houston will soon be home to another large coworking space. Common Desk, a Texas company, has announced plans for a Houston location in East Downtown — selected for its culture and opportunity.

The Dallas-born concept specializes in coworking in hospitality and has joined forces with Houston-based Ancorian, a real estate development company, for the project. Expected to open in summer 2020, Common Desk will occupy 25,000 square feet of a 42,000-square-foot warehouse redevelopment known as "The Block." The facility will also have an outpost of Dallas-based Bishop Cider.

"EaDo reminds us of Deep Ellum, which was the first location we ever opened in Dallas in 2012," says Nick Clark, founder and CEO of Common Desk, in a news release. "It has the cultural authenticity and significance that we as a brand love to build a foundation from, offering the diverse variety of concepts and convenience you want from a submarket, without the congestion and parking difficulties you might find in a central business district. We're excited to bring some of our soulful vibes and southern hospitality to Eado."

Houston's East Downtown Common Desk will occupy 25,000 square feet of a 42,000-square-foot warehouse redevelopment known as "The Block." Courtesy of Common Desk

Common Desk, which got its start in 2012, now has eight locations in the Dallas-Fort Worth area and three in in Austin, and its Houston members will eventually have access to these other locations. A common theme in the companies concepts is bridging the gap between coworking and dining and hospitality concepts. Fiction Coffee, Common Desk's coffee bar concept, is expected to open alongside the coworking space.

"Houston isn't just another market for us; it's a city we love, and we expect our approach to service and design to resonate well with Houstonians," says Dawson Williams, head of real estate at Common Desk, in the release. "We plan to go deep in Houston just as we have in Dallas, and our goal is to become the go-to coworking brand in the market."

Ancorian has previously worked on the East Village in the East Downtown area, which include concepts like Indianola, Truck Yard, F45 Fitness, Koffeteria, Rodeo Goat, and True Anomaly Brewing.

"We are heavily invested in East Downtown Houston, and we felt that our latest development 'The Block' was a perfect location for a coworking concept," says Michael Sperandio, founding partner of Ancorian. "We work very hard to choose tenants that fit each specific development we create. After meeting Nick Clark and Dawson Williams of Common Desk, we felt like they were the best operators in the coworking space industry."

Houston's Common Desk location will have a warehouse feel and is expected to feature various amenities and member perks, including:

  • Fitness and wellness center concept, complete with towels and shower facilities
  • Outdoor patio and terrarium
  • Multi-level seating
  • Wet bar and shared kitchen
  • Skylights that will bring in natural lighting
  • Event space
  • Murals and local art

"This group puts together all the necessary elements to draw people into their workspaces," Sperandio continues. "They focus on great design, thoughtful and functional space layout, and they have created an energetic and comfortable environment that attracts new members and keeps existing members loyal to the Common Desk brand. We feel that Common Desk's vision for an experiential workspace will make this one of the best locations to work in the entire city."

Houston's Common Desk members will have access to other Texas locations. Courtesy of Common Desk

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With boost from Houston, Texas is the No. 1 state for economic development

governor's cup

Texas is on a 14-year winning streak as the top state for attracting job-creating business location and expansion projects.

Once again, Texas has claimed Site Selection magazine’s Governor’s Cup. This year’s honor recognizes the state with the highest number of economic development projects in 2025. Texas landed more than 1,400 projects last year.

Ron Starner, executive vice president of Site Selection, calls Texas “a dynasty in economic development.”

Among metro areas, Houston lands at No. 2 for the most economic development projects secured last year (590), behind No. 1 Chicago and ahead of No. 3 Dallas-Fort Worth.

In praising Houston as a project magnet, Gov. Greg Abbott cites the November announcement by pharmaceutical giant Lilly that it’s building a $6.5 billion manufacturing plant at Houston’s Generation Park.

“Growth in the Greater Houston region is a great benefit to our state’s economy, a major location for foreign direct investment and key industry sectors like energy, aerospace, advanced manufacturing, and life sciences,” Abbott tells Site Selection. “Houston is also home to one of the largest concentrations of U.S. headquarters for companies from around the world.”

In 2025, Fortune ranked Houston as the U.S. city with the third-highest number of Fortune 500 headquarters (26).

Texas retained the Governor’s Cup by gaining over 1,400 business location and expansion projects last year, representing more than $75 billion in capital investments and producing more than 42,000 new jobs.

Site Selection says Texas’ project count for 2025 handily beat second-place Illinois (680 projects) and third-place Ohio (467 projects). Texas’ number for 2025 represented 18% of all qualifying U.S. projects tracked by Site Selection.

“You can see that we are on a trajectory to ensure our economic diversification is going to inoculate us in good times, as well as bad times, to ensure our economy is still going to grow, still create new jobs, prosperity, and opportunities for Texans going forward,” Abbott says.

Houston e-commerce giant Cart.com raises $180M, surpasses $1B in funding

fresh funding

Editor's note: This article has been updated to clarify information about Cart.com's investors.

Houston-based commerce and logistics platform Cart.com has raised $180 million in growth capital from private equity firm Springcoast Partners, pushing the startup past the $1 billion funding mark since its founding in 2020.

Cart.com says it will use the capital to scale its logistics network, expand AI capabilities and develop workflow automation tools.

“This investment will strengthen our balance sheet and provide us with the flexibility to accelerate our strategic priorities,” Omair Tariq, CEO of Cart.com, said in a news release. “We’ve built a platform that combines commerce software with a scaled logistics network, and we’re just getting started.”

In conjunction with the funding, Springcoast executive-in-residence Russell Klein has been appointed to Cart.com’s board of directors. Before joining Springcoast, he was chief commercial officer at Austin-based Commerce.com (Nasdaq: CMRC). Klein co-led Commerce.com’s IPO, led the company’s mergers-and-acquisitions strategy and played a key role in several funding rounds.

“The team at Cart.com has demonstrated excellence in their ability to scale efficiently while continuing to innovate,” Klein said. “I’m excited to join the board and support the company as it expands its AI-driven capabilities, deepens enterprise relationships, and further strengthens its position as a category-defining commerce and fulfillment platform.”

Before this funding round, Cart.com had raised $872 million in venture capital and reached a valuation of about $1.6 billion, according to CB Insights. With the new funding, the startup has collected over $1 billion in just six years.

This is the income required to be a middle class earner in Houston in 2026

Cashing In

A new study tracking the upper and lower thresholds for middle class households across the nation's largest cities has revealed Houstonians need to make at least a grand more than last year to maintain their middle class status this year.

According to SmartAsset's just-released annual report, "What It Takes to Be Middle Class in America – 2026 Study," Houston households need to make anywhere from $42,907 to $128,722 to qualify as middle class earners this year.

Compared to 2025, Houstonians need to make $1,153 more per year to meet the minimum threshold for a middle class status, whereas the upper bound has stretched $3,448 higher. The median income for a Houston household in 2024 was $64,361, the study added.

SmartAsset's experts used 2024 Census Bureau median household income data for the 100 biggest U.S. cities and all 50 states and determined middle class income ranges by using a variation of Pew Research's definition of a middle class household, stating the salary range is "two-thirds to double the median U.S. salary."

In the report's ranking of the U.S. cities with the highest household incomes needed to maintain a middle class status, Houston ranked No. 80.

In the report's state-by-state comparison, Texas has the 24th highest middle class income range. Overall, Texas households need to make between $53,147 and $159,442 to be labeled "middle class" in 2026. For additional context, the median income for a Texas household in 2024 came out to $79,721.

"Often, the expectations that come with the term 'middle class' include reaching home ownership, raising kids, the comfort of modest emergency funds and retirement savings, and the occasional splurge or vacation," the report said. "And as the median household income varies widely across the U.S. depending on the local job market, housing market, infrastructure and other factors, so does swing the bounds on what constitutes a middle class income in America."

What it takes to be middle class elsewhere around Texas

Two Dallas-Fort Worth suburbs – Frisco and Plano – have some of the highest middle class income ranges in the country for 2026, SmartAsset found.

Frisco households need to make between $96,963 and $290,888 to qualify as middle class this year, which is the third-highest middle class income range nationwide.

Plano's middle class income range is the eighth highest nationally, with households needing to make between $77,267 and $231,802 for the designation.

Salary range needed to be a middle class earner in other Texas cities:

  • No. 28 – Austin: between $60,287 and $180,860
  • No. 40 – Irving: between $56,566 and $169,698
  • No. 44 – Fort Worth: between $55,002 and $165,006
  • No. 57 – Garland: between $50,531 and $151,594
  • No. 60 – Arlington: between $49,592 and $148,77
  • No. 61 – Dallas: between $49,549 and $148,646
  • No. 73 – Corpus Christi: between $44,645 and $133,934
  • No. 77 – San Antonio: between $44,117 and $132,352
  • No. 83 – Lubbock: between $41,573 and $124,720
  • No. 84 – Laredo: between $41,013 and $123,038
  • No. 89 – El Paso: between $39,955 and $119,864
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This article originally appeared on CultureMap.com.