The City of Houston is aiming to have Arco del Tiempo installed in 2024. Photo courtesy of The City of Houston

The City of Houston has unveiled the first look at the latest permanent public artwork that will be installed in the Second Ward in 2024. The sculpture is the first-ever environmentally sustainable art piece that will generate electricity for the nearby City-owned Latino multicultural performing arts theater.

Arco del Tiempo (Arch of Time) is a 100-foot tall arch designed by Berlin-based artist and architect Riccardo Mariano. Several years have been put into the making of this project, dating as far back as 2019. Mariano had entered the idea into a Land Art Generator Initiative (LAGI) design competition in the Houston sister-city of Abu Dhabi. From there, it was chosen to be developed full-scale and installed at Guadalupe Plaza Park.

According to a press release, the sculpture can measure time and cast beams of sunlight onto the ground, creating a connection between "the celestial and the terrestrial" through the geometry of the design.

The light beams are different based on the four seasons and the time of day, constantly shifting and responding to the latitude and longitude of the city from space. Mariano said that his sculpture is a "practical example" of how physical art can interact with the abstract, such as the Earth's movement around the sun.

"The apparent movement of the sun in the sky activates the space with light and colors and engages viewers who participate in the creation of the work by their presence," said Mariano. "Arco del Tiempo merges renewable energy generation with public space and into the everyday life of the Second Ward. Inspired by science and powered by renewable energy, the artwork is a bridge between art and technology and encourages educational purposes while improving public space. At night the space within the arch will be used as a stage for outdoor public events.”

"At night the space within the arch will be used as a stage for outdoor public events,” Riccardo Mariano said.Photo courtesy of The City of Houston

Arco del Tiempo will do more than just be an aesthetically pleasing sight for the community. Its meaningful, functional purpose will be to generate about 400,000 kilowatt-hours of electricity per year, and power the Talento Bilingüe de Houston. LAGI founding co-director Elizabeth Monoian said in the release the sculpture will generate over 12 million kilowatt-hours of power throughout its lifetime, which equals the removal of 8,500 metric tons of carbon dioxide from the atmosphere.

"Through the clean energy it produces, Arco del Tiempo will pay back its embodied carbon footprint," Monoian said. "In other words, all the energy that went into its making—from the smelting of the steel to the drilling that puts the final cladding into place—will be offset through the energy it generates. Beyond its break-even point, which we will track and celebrate with the community, the artwork will be a net-positive contributor to a healthy climate and the planet will be better off for its existence.”

In a statement, Houston Mayor Sylvester Turner praised the unique art piece as more than just a sculpture, but as a "monument to a new era of energy."

"The City of Houston has always stood at the vanguard of energy innovation and the Arco del Tiempo artwork stands in that tradition, highlighting Houston’s role as an art city and as global leader in the energy transition," Mayor Turner said. "We are inspired by the vision and creative thinking. Marrying clean energy, the built environment, and truly World Class art is Houston.”

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This article originally ran on CultureMap.

TXRX's new East End Space will allow them to provide prototyping and manufacturing services to more innovators. Courtesy of TXRX

Houston nonprofit makerspace seeking donations as it prepares to move into its new home

Calling for cash

With grants and public funds secured, Houston-based TXRX Labs as one last round of fundraising to acquire before it's ready to head full-speed ahead into its new location.

TXRX launched a $85,000 fundraising campaign to help get the organization where it needs to be before it moves into its 60,000-square-foot space in the East End Maker Hub in spring or summer of next year. The organization, along with its sister nonprofit, Urban Partnership Community Development Corp., has been selected by the city of Houston for an $18 million award and by the federal government for a $5 million innovation grant.

"In the last two weeks, we were getting close to finalizing funding for the building and came up short," says Lauren Caldarera, development director at TXRX. "We wanted to reach out to our membership at TXRX and the broader Houston community to help see if people will help support this unique offering for Houston."

In order to receive those grants, TXRX needs to submit design materials — a process that they budget to cost $325,000. (TXRX has already procured $240,000.) An anonymous donor agreed to match donations, and the organization has until the end of May to raise. Anyone can donate online.

TXRX is focused on bringing back Houston's East End as a manufacturing hub. As manufacturing jobs left the second, third, and fifth wards, it's created a need for skilled labor, middle class jobs, says Roland von Kurnatowski, executive director of TXRX.

"We're looking to bring together innovative companies in the physical innovation space into the East End and creating these middle class jobs," says von Kurnatowski. "It's a modern approach to combating economic inequalities instead of providing handouts."

TXRX is already making a dent in their mission with their smaller space. The organization has over 400 members and incubates 20 or so companies. The new space will allow TXRX to incubate almost twice that amount, work with 75 companies who need prototyping and manufacturing services, and grow their classes and educational offerings.

"Having this space is critical as Houston moves forward in creating an innovation ecosystem," Caldarera says. "We need a space for people to develop their physical prototypes, have engineers and other experts to coach and mentor them, and create more startups and innovators here."

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Houston startup raises $6M to scale home-based healthcare platform

fresh funding

As healthcare systems race to expand care beyond hospitals and into the home, investors are placing bigger bets on the infrastructure needed to make that shift possible.

This month, Rosarium Health announced it has raised $6 million in seed funding led by Kalos Ventures, with participation from ResilienceVC, Rock Health Capital, Symphonic Capital, Black Tech Nations Ventures and others.

The investment will help the Houston-based startup continue to build its platform, which features a national network of 800-plus clinicians and 3,000-plus contractors to coordinate home accessibility upgrades and modifications for seniors and people living with disabilities.

For founder and CEO Cameron Carter, the company’s mission grew out of firsthand caregiving experiences.

“From my own personal caregiving experiences, I realized that the benefits exist on paper, but not in reality,” Carter said in a news release. “Families are being left to figure out the paperwork and installations all on their own, which shouldn’t be how this works.”

While Medicare Advantage and Medicaid plans have expanded coverage for home-based services and accessibility modifications, the logistics behind delivering those services often remain fragmented.

Rosarium’s platform coordinates the entire process, from clinical assessments and referrals to contractor management, documentation, reimbursement and installation.

“A clinician can document that a home isn’t safe and a plan can approve a benefit, but there’s no one that’s responsible for making sure the work actually gets done,” Carter says. “We built the missing piece.”

The company was founded in 2021 as Rose Health and was a 2023 participant in the Texas Medical Center’s Accelerator for HealthTech program. It has scaled quickly, building a network of more than 800 clinicians and 3,000 contractors across 34 states.

Rosarium is currently in-network for 1.2 million Medicare and Medicaid lives, with projected coverage expected to reach nearly 4 million by the end of the year, according to the release.

“We’re excited to back Cameron because he and the team at Rosarium are building the infrastructure healthcare needs right now to make the home a safe and comfortable place of care,” Kate Ballinger, investor at Kalos Ventures, added in the release.

As part of the recent investment, Ballinger will join Rosarium’s board of directors.

With eyes on the future, Rosarium plans to grow its partnerships with Medicaid and Medicare Advantage plans, including CalViva and Community Health Plan of Imperial Valley, strengthening its presence in California while expanding access to underserved communities.

Additionally, Carter predicts that home-based healthcare will be part of a broader transformation happening across the industry.

“There’s a growing recognition that health outcomes are shaped by what happens in the home,” he said in the release. “The future of healthcare isn’t just treating people after something goes wrong. It’s creating environments that help prevent those problems in the first place.”

Houston business mogul Tilman Fertitta acquires Caesars in $17.6B deal

Money Moves

Houston billionaire Tilman Fertitta may currently be serving as America’s ambassador to Italy, but his company is as busy as ever. Fresh off its move to revive the Houston Comets WNBA franchise, his company, Fertitta Entertainment, has announced a $17.6 billion deal to acquire Caesars Entertainment, Inc.

Speculation about the deal has been circulating since at least March, according to various media reports. The deal combines Fertitta’s well-known Golden Nugget casino brand with all of the properties in the Caesars’ portfolio, including Las Vegas hotels Caesars Palace, Harrah's, Paris Las Vegas, Planet Hollywood, Horseshoe, The LINQ Hotel, Flamingo, and The Cromwell.

Overall, the combined company will include 60 domestic casino resorts and gaming facilities; online gaming including sports betting, iCasino, and Caesar’s online poker platform; retail sports betting at over 200 third-party locations through the William Hill brand; and over 550 Fertitta Entertainment outlets, including more than 450 Landry's full-service restaurants across America. The companies will combine their loyalty programs, Caesars Rewards, Golden Nugget's 24 Karat Select Club, and Landry's Select Club.

The terms will see Caesars’ shareholders receive $31 per share. Fertitta Entertainment will also acquire approximately $11.9 billion of Caesars' outstanding debt.

The transaction will be financed through a combination of equity contributed by Fertitta Entertainment, assumed Caesars' debt, and new committed debt financing arranged by a group consisting of 10 banks. It is subject to approval by Caesars’ shareholders and government regulators.

Fertitta Entertainment is the Houston-based company behind a diverse array of hospitality businesses, including The Golden Nugget, The Post Oak Hotel, River Oaks District, the Kemah Boardwalk, and Houston’s Downtown Aquarium.

It also operates a number of prominent restaurant brands, including Mastro's Restaurants, Del Frisco's Double Eagle Steakhouse, Morton's The Steakhouse, The Palm, McCormick & Schmick's, Landry's Seafood House, The Oceanaire Seafood Room, and Saltgrass Steak House.

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This article first appeared on CultureMap.com.