Mayor Sylvester Turner talked parks, innovation, firefighter salaries, and more at the Greater Houston Partnership's State of the City. Natalie Harms/InnovationMap

In the 2019 State of the City Address hosted by the Greater Houston Partnership on May 20, Mayor Sylvester Turner took the stage at the Marriott Marquis in front of over 1,500 Houstonians.

Some of the obvious topics were of course on the table — pension reform, hurricane recovery, job growth — but Mayor Turner surprised attendees with the announcement of a public-private parks program and again alluded to the re-envisioned of Astroworld.

Here's what all the mayor promised in his address.

Public-private partnerships for Houston parks

Houston's major parks have undergone major transformations lately backed by private investments — Buffalo Bayou Park, Memorial Park Conservancy, and Bayou Greenways 2020, to name a few — but the city would like to shift focus to smaller, neighborhood parks across the city. To do this, Mayor Turner called for 50 companies to sponsor 50 parks.

"Today, I am asking the Greater Houston Partnership, the Houston Parks Board, and the Parks Department, to help me bring together 50 companies to form a citywide coalition for our neighborhood parks — primarily in underserved communities," Mayor Turner says.

Scott McClelland, president of HEB Food and Drug and board chair of the GHP, offered up HEB as a corporate partner for the program on the spot, despite the formal details of the program not yet being disclosed. Mayor Turner did specify that the park sponsorship would be a commitment over a few years.

"The 50 for 50 effort will touch every district in the city. All Houstonians should have easy access to welcoming, well-maintained, safe, and fun parks," he says.

A developed innovation corridor and a resurgence of AstroWorld

In both in his introductory address and fireside chat with McClelland, Mayor Turner talked about the emergence of Houston's innovation ecosystem. He cites the 140 percent increase in technology jobs as well as the 3,000 reported startups that call Houston their home. He mentions that Silicon Valley-based accelerator program Plug and Play is preparing to enter the market and another 25 million investment from the Houston Exponential fund of funds is expected.

"We're not walking; we're sprinting," Mayor Turner says. "There is no better place for an [innovation] ecosystem to take place than Houston."

Mayor Turner also credited Rice University's The Ion project as a major source of growth for the city's innovation ecosystem.

"We are building an innovation hub and corridor — in collaboration with academia, thank you, Rice, for loaning us the Sears building on South Main, and the energy and tech companies."

When discussing the innovation district, the mayor also gave a shout out to Travis Scott for being the "instigator" of a new AstroWorld-like theme park the city has in the works, but no details were disclosed in the address.

Rethinking Houston's transportation system

As Houston's population continues to grow, Houstonians spend more and more time in their cars fighting traffic. The mayor called for action to reimagine Houston's transportation.

"Our city has changed, the region is changing, and our transportation, transit, and mobility must change," he says. "People want options, and we must give them options."

Mayor Turner alluded to the Metro Next plan that will be on the ballot this November. While he didn't go into much detail, he encouraged support for the plan.

A raise for the Houston Fire Department

McClelland started the fireside chat with a question about the state of things after Proposition B's repeal following being deemed unconstitutional. The proposition, which originally passed last fall, would have matched Houston firefighters' salaries with police officers.

The mayor says that with the repeal, no layoffs or job cuts will be made within the Houston Fire Department. He recognizes that firefighters are in need of a raise, but it must be one the city can afford.

"Our firefighters are deserving of a pay raise," Mayor Turner says. "What I've put forth is 9.5 percent over three years, but look, my door is open."

The best is yet to come

Mayor Turner wrapped up his address on a positive note, saying that the city's growth will continue.

"The state of our city is strong, resilient, and sustainable," he says. "The best for us as a city has yet to come."

All of these initiatives on the mayor's agenda are working for toward uniting and enhancing Houston.

"We are building one complete city," he says. "And we work together, we win."

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Future-focused Houston nonprofit names new leader

taking the helm

A nonprofit organization dedicated to leading Houston into the future has named its next leader.

The Center for Houston’s Future named David Gow as president and CEO, succeeding Brett Perlman, who was announced in April to be remaining at the Center with a focus on the Center’s hydrogen initiative. Gow is the founder and chairman of Gow Media, InnovationMap's parent company. His role is effective September 3.

“I am excited to step into this opportunity with the Center and work with the team, the board and many other stakeholders to help shape Houston’s future,” Gow says in a news release. “The Center presents an exciting opportunity to cast a vision for our region and identify initiatives that will make an impact.”

Gow — whose career includes a portfolio of online media properties and ESPN Radio — is a board member of Goose Capital and chair of MSAI, an entity he formed through a SPAC acquisition. Before he founded Gow Media, he served as CFO and CEO of an online watch retailer, Ashford.com. Prior to Ashford, Gow was director of corporate strategy at Compaq Computers and a consultant at McKinsey & Co. He received his master’s in public policy from Harvard and his bachelor's in economics from Williams College.

“David’s portfolio of experiences and skills, record of innovation and success, and deep commitment to the Houston community make him the perfect fit to lead the Center as we chart and execute on our next set of initiatives focused on ensuring a bright future for all residents in the Houston region,” adds Center for Houston’s Future Board Chair Cindy Yeilding.

In his new role, Gow will lead the Center’s next effort, Vision 2050, which plans to identify the city's key issues, gaps, and opportunities.

“Today’s announcement also reflects the success of the Center’s clean hydrogen program,” Yeilding continues. “On behalf of the Center’s board, I’d also like to recognize Brett for launching and building such a successful and important effort as well as his overall leadership and record of achievement at the Center these past seven years.”

Growing Houston energy startup scales local office presence

settling in

On the heels of landing more than $240 million in venture capital, Houston-based geothermal power provider Fervo Energy has more than quadrupled the size of its headquarters.

Fervo previously occupied 5,158 square feet at 114 Main St. in downtown Houston. The company recently left the Main Street space and leased 23,782 square feet at downtown Houston’s 910 Louisiana office tower. Houston-based commercial real estate company Hines owns and manages the 50-story former One Shell Plaza.

“We believe Houston is the center of the energy transition, and downtown Houston has long been its center of activity,” Tim Latimer, co-founder and CEO of Fervo Energy, says in a news release. “The availability of dining options, parks, and biking infrastructure continue to be great assets and a huge draw for our team. For these reasons and more, the only place for Fervo’s headquarters is downtown Houston.”

In February 2024, Fervo announced it had raised $244 million in an investment round led by Oklahoma City, Oklahoma-based hydrocarbon exploration company Devon Energy. Fervo has collected $431 million in funding since its founding in 2017.

Energy companies like Fervo occupy about 43 percent of office space in downtown Houston, according to a new report from the Downtown Houston+ organization. Nineteen new tenants set up shop last year in downtown Houston, with 10 of them operating in the energy sector.

Other energy companies that recently leased office space in downtown Houston include:

  • AES Clean Energy
  • Axip Energy Services
  • EnLink Midstream
  • MRC Global
  • Repsol Renewables
  • Stonepeak

Chevron to relocate HQ, executives to Houston

big move

The Energy Capital of the World is adding another jewel to its corporate crown.

With the impending move of Chevron’s headquarters from Northern California to Houston, the Houston area will be home to 24 Fortune 500 companies. Chevron ranks 15th on this year’s Fortune 500.

Oil and gas giant Chevron, currently based in San Ramon, California, will join three Fortune 500 competitors that already maintain headquarters in the Houston area:

  • Spring-based ExxonMobil, No. 7 on the Fortune 500
  • Houston-based Phillips 66, No. 26 on the Fortune 500
  • Houston-based ConocoPhillips, No. 68 on the Fortune 500

Chevron, which posted revenue of $200.9 billion in 2023, employs about 7,000 people in the Houston area and about 2,000 people in San Ramon. The company says its chairman and CEO, Mike Wirth, and vice chairman, Mark Nelson, will move to Houston before the end of 2024.

In an interview with The Wall Street Journal, Wirth acknowledged Chevron’s differences of opinion with California policymakers regarding energy matters.

“We believe California has a number of policies that raise costs, that hurt consumers, that discourage investment and ultimately we think that’s not good for the economy in California and for consumers,” Wirth said.

Chevron expects all of its corporate functions to shift to Houston over the next five years. Jobs that support the company’s California operations will remain in San Ramon, where Chevron employs about 2,000 people. Some Chevron employees in San Ramon will relocate to Houston.

The company’s move to Houston hardly comes as a surprise. Speculation about a relocation to Houston intensified after Chevron sold its 98-acre San Ramon headquarters in 2022 and moved corporate employees to leased office space. Over the past several years, Chevron has shifted various corporate functions to Houston.

“This is just the final step that many industry observers were waiting to happen,” Ken Medlock, senior director of the Baker Institute’s Center for Energy Studies at Rice University, says in a news release.

“To start, Houston provides a world-class location for internationally focused energy companies, which is why there is such a massive international presence here,” Medlock adds. “Texas is also the nation’s largest energy producer across multiple energy sources and is poised to lead in emerging opportunities such as hydrogen and carbon capture, so Houston is a great place for domestically focused activities as well.”

The announcement of Chevron’s exit from California comes just a year after ExxonMobil finalized its relocation from Irving to Spring.

“Chevron’s decision to relocate its headquarters underscores the compelling advantages that position Houston as the prime destination for leading energy companies today and for the future,” Steve Kean, president and CEO of the Greater Houston Partnership, says in a post on the organization’s website.

“With deep roots in our region,” he adds, “Chevron is [a] key player in establishing Houston as a global energy leader. This move will further enhance those efforts.”

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This article originally ran on EnergyCapital.