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    new downtown park

    New urban park gets green light to blossom in downtown Houston

    Holly Beretto
    Nov 16, 2018 | 9:10 am
    new downtown park rendering
    Introducing the new Southern Downtown Park.
    Courtesy photo

    Look for more green amid the soaring skyscrapers and busy street scenes of downtown Houston. The city core’s nonstop redevelopment continues with the growth of a new park to sit in the blocks between Fannin, San Jacinto, Bell, and Leland streets.

    With a physical address in the 1500 block of Fannin, the park will be located in an area that currently is home to South Texas College of Law, the Brown Book Shop, several offices, and apartments.

    Called the Southern Downtown Park, the new hub will be a gathering space in a quickly growing portion of the city. Since 2012, 1,500 new residential units have opened, and more are being developed, according to a release.

    The new park will join its Downtown neighbors, Discovery Green, and Market Square, as a place for casual gatherings and planned programming such as exercise or concerts. It’s slated to open in October 2020.

    The Southern Downtown Park supports one of the key recommendations of Plan Downtown, a 20-year vision plan for Downtown Houston: providing open spaces that help anchor new development clusters, which in turn “create memorable landmarks supportive of surrounding uses and will promote increased activity,” according to the statement.

    Lauren Griffin Associates, the team behind Downtown’s Discovery Green and Market Square projects, is on board to design, according to the release.

    “Lauren has formed a thoughtful and collaborative design team for this project,” said Bob Eury, Downtown Redevelopment Authority president. “Not only does the team have a proven track record here in Houston creating beautiful and active public spaces, but they promise to bring fresh and innovative ideas to the table.”

    The design process is set to begin later this month, with construction beginning sometime in the second half of 2019. As the Houston Chronicle reported earlier this week, renderings for the new park include a café, dog park, open spaces, and a sustainable garden.

    Also on board for the project are Gensler, which is providing architectural services for the fast-casual restaurant, storage building and other structures; Gandy2 Lighting Design, which will provide lighting services; Kuo & Associates, providing civil engineering; and Waterscape Consultants, which is slated to provide water feature engineering.

    parksdowntown
    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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