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Houston Area Submarkets

As one of the largest geographic business regions in the country, Houston has multiple districts and submarket areas. Many of these tend to focus on a handful of key industries or job types. Some are attractive because of their proximity to large populations of talent while others are in close proximity to major industry catalysts such as the port or NASA. Discover which submarkets might be right for your company. 

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Innovation Corridor/Midtown Submarket

Innovation Corridor

Workforce within 5 miles
240,300
Class A vacant office space (sq. ft.)
372,000
Vacant industrial space (sq. ft)
544,000
Median area home value
$406,000
Median household income
$78,100

Houston’s Innovation Corridor is at the center of an extraordinarily powerful social and economic convergence. The four-mile-long Corridor is linked by light-rail, bike lanes, and sidewalks and offers easy access to key industry and institutional players along with an unparalleled array of amenities.

At the center of the Corridor is the Innovation District, clustered around a historic art deco building at the southern end of Midtown that will become The Ion. Rice University is developing the 9.4-acre Innovation District that will bring the area's entrepreneurial, corporate and academic communities together. A number of groups including the nonprofit Houston Exponential will take up residence in the development once it's complete.

Stretching from Downtown south through the Medical Center, the four-mile-long Innovation Corridor offers easy access to key industry and institutional players and an unparalleled array of amenities.

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