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    Keep on Dancin'

    Gayborhood saved? Iconic Montrose bars not closing for apartment development, owners say

    Tyler Rudick
    Aug 26, 2013 | 1:24 pm

    Rumors swept through Montrose Monday that iconic bars South Beach and JR's have been sold to real estate developers — another nail in the coffin for a neighborhood that many fear is swiftly losing its reputation as the epicenter of Houston's gay community.

    But owners of the iconic hangouts want to sent the record straight for the city's LGBT scene — The popular bars on Pacific Street are here to stay.

    "These rumors have surfaced every other year for the last three decades," reports Jose Apodaca from Charles Armstrong Investments, the company that owns South Beach and JR's along with other gayborhood favorites like Meteor and the Montrose Mining Company.

    "None of our bars are or will be for sale."

    Since first arriving in Houston during the early 1980s, club magnate Charles Armstrong has become a legendary figure in Montrose for his decades-long commitment to maintaining the neighborhood's gay-friendly atmosphere.

    Located on the 800-block of Pacific near the intersection of Montrose Boulevard, South Beach and JR's together sit on 109,000 square feet of land valued at more that $2 million, according to public records.

    Though not listed in prime condition, the vintage brick building that houses JR's is a neighborhood landmark dating back to 1935.

    The South Beach structure next door has some history of its own as the home of Heaven, the raging Montrose dance club that came to a sudden end when a fire nearly destroyed the building a decade ago. Armstrong took several years to renovate the '60s-era shell into the 10,000 square-foot nightclub, where it remains a popular weekend haunt.

    Since opening in 2002, hotspot South Beach has emerged as one of Houston's most popular LGBT dance clubs.

    News_South Beach_bar_gay bar
    Photo via South Beach Facebook
    Since opening in 2002, hotspot South Beach has emerged as one of Houston's most popular LGBT dance clubs.
    unspecified
    news/city-life

    money woes

    Houston has 2nd most financially distressed residents in America

    Amber Heckler
    Feb 19, 2026 | 11:00 am
    Downtown Houston from the highway
    Photo by Adrian Newell on Unsplash
    Houstonians are feeling the financial stress in 2026.

    A new study has confirmed what many Houston residents are already feeling: Houston has one of the highest shares of people in financial distress in the nation.

    Houston ranked No. 2 in WalletHub's just-released report, "Cities with the Most People in Financial Distress," which analyzed 100 of the largest U.S. cities across nine personal finance metrics: average credit scores and year-over-year changes; the share of residents with accounts in distress and year-over-year changes; the average number of accounts in distress; year-over-year change in bankruptcy filings from September 2024 to September 2025; and "debt" and "loans" search interest indexes.

    For the purpose of this study, WalletHub defined "financial distress" as having a credit account in forbearance or with deferred payments.

    Chicago, Illinois led the nation with the No. 1 most financially distressed residents, and Las Vegas, Nevada rounded out the top three.

    According to the report's findings, Houston residents signaled a "strong need for borrowing" after having the highest search interest nationally for terms like "debt" and "loans." Houstonians also had the 10th highest increase in bankruptcy filings from September 2024 to September 2025.

    "Houston has a high share of the population with accounts in distress compared to most other cities, at over 8 percent, and it also has a high number of accounts in distress per person," the report said.

    Here's how WalletHub broke down the rest of Houston's overall ranking:

    • No. 32 – Credit score rank
    • No. 35 – Average number of accounts in distress rank
    • No. 39 – People with accounts in distress rank
    High unemployment rates and inflation are major factors contributing to most Americans' financial woes, the report said, and rising property taxes can create an even bigger burden for homeowners and renters alike. Texas residents may feel a greater burden than residents elsewhere in the country after the Lone Star State was dubbed the No. 1 most most financially distressed state in America in 2025. And digging oneself out of the "downward spiral" isn't easy, according to WalletHub analyst Chip Lupo.

    "You may get temporary relief from your lenders by not having to make payments, but all the while interest will keep building up, making the debt even harder to pay off," Lupo said.

    Though no Texas city is feeling the financial squeeze as much as Houston, three more of the state's biggest cities also ranked among the top 10 most financially distressed places in America: Dallas (No. 4), San Antonio (No. 6) and Austin (No. 9). Fort Worth ranked 12th overall.

    The top 10 most financially distressed cities in the nation are:

    • No. 1 – Chicago
    • No. 2 – Houston
    • No. 3 – Las Vegas
    • No. 4 – Dallas
    • No. 5 – Los Angeles
    • No. 6 – San Antonio
    • No. 7 – Atlanta
    • No. 8 – New York
    • No. 9 – Austin
    • No. 10 – Phoenix
    financewallethubhouston
    news/city-life
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