in the works

Houston's Medical Center breaks ground on innovative new research facility

The Texas Medical Center announced the groundbreaking of the TMC3 Collaborative Building.

Rendering courtesy of Elkus Manfredi Architects

A fall 2023 opening is set for a research center under construction at the Texas Medical Center's new TMC3 life science campus.

The 250,000-square-foot TMC3 Collaborative Building will house research initiatives organized by the Texas Medical Center, University of Texas MD Anderson Cancer Center, Texas A&M University Health Science Center, and University of Texas Health Science Center at Houston. Construction began in January.

"The founding institutions behind [this building] are among the world's leading innovators in health and science. Their work at both the bench and bedside saves lives. The entire spirit behind this building reflects a joint investment — both financially and strategically — in lifesaving research, data collaborations, and technologies," William McKeon, president and CEO of Texas Medical Center, says in a September 20 news release.

Located at the heart of the 37-acre TMC3 campus and facing the site's Helix Gardens, the $185.8 million, four-story building is designed to foster collaboration among academic healthcare institutions and industry partners. Within the building, the three academic healthcare partners will create a 43,000-square-foot joint research lab. Furthermore, a 7,000-square-foot, 500-seat atrium will be available for lectures and other activities.

Beyond space shared by TMC3's four founders, 85,000 square feet of lab and office space will be developed for industry partners, and MD Anderson will create a 14,000-square-foot space for strategic initiatives. The building also includes 14,200 square feet that will host TMC's strategic initiatives; Braidwell, a life science-focused investment firm; the TMC Venture fund; and national venture and equity and partners.

"This project represents a once-in-a-generation opportunity for Houston's academic medical community to collaborate together and with industry to advance our missions and accelerate knowledge and cures," says Dr. Peter WT Pisters, president of MD Anderson.

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Innovation Station

Texas maintains its status as one of 15 most innovative states in the U.S.

Houston skyline

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During a SXSW reception March 12 at the Governor’s Mansion in Austin, Gov. Greg Abbott hailed Texas as the No. 1 state for innovation. Personal finance website WalletHub sees it a little differently though.

In a new study from WalletHub, the Most & Least Innovative States (2026), Texas is assigned the No. 13 ranking for innovation among the 50 states and the District of Columbia.

D.C. comes out on top, followed by Massachusetts, California, Colorado, and Washington. Mississippi appears at the bottom of the list.

Texas earns a total innovation score of 49.56, compared with 69.13 for top-ranked D.C. In two broad categories, Texas ranks 12th for human capital and 13th for innovation environment.

To identify the top places for innovation, WalletHub evaluated the 50 states and D.C. by reviewing 25 key indicators of innovation friendliness. The indicators include:

Share of STEM professionals
Forecast for Share of STEM professionals
Forecast for STEM jobs
Eighth-grade math and science performance
Concentration of tech companies
R&D spending per capita
Share of science and engineering graduates age 25 and over
Average internet speed
Venture capital funding per capita

“The most innovative states are especially attractive to people who have majored in science, technology, engineering, and math, or STEM, as they offer abundant career opportunities and investment dollars, both for jobs at existing companies and for startups,” WalletHub analyst Chip Lupo said in the report.

“These states also instill young students with the skills they need to succeed in the current workforce, skills which are useful whether or not they pursue a STEM career,” he added.

Texas held steady in the 2026 report, receiving the same ranking as in 2025 (at No. 13), but improving its overall score slightly, up from 48.96. In 2024, Texas was ranked No. 14 in the U.S., marking its first appearance within the top 15 most innovative states. In recent years, Texas has consistently moved up the ladder among most innovative states.

Texas zeroes in on semiconductor industry
On the innovation front, Abbott and other state leaders have focused intently on growing the state’s semiconductor industry, which generates roughly $30 to $60 billion in economic activity per year. Texas ranks among the top states for semiconductor manufacturing, with major operations in North Texas and Central Texas.

To bolster the industry, Abbott signed the Texas CHIPS Act into law in 2023. The law established the Texas Semiconductor Innovation Fund, which issues grants for semiconductor research, design and manufacturing, and the Texas Semiconductor Innovation Consortium, which advises the governor and state legislators on matters related to the semiconductor sector.

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This article originally appeared on our sister site, InnovationMap.com.

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