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    A development worth waiting for

    La vie Bohème Houston-style: How the new IAC arts complex will transform Midtown

    David Theis
    David Theis
    Jan 21, 2012 | 4:00 pm
    The new complex is expected to draw visual and performing arts groups from the surrounding area under one roof.

    We’ve been waiting for a long time for a great urban project to take shape along the Main Street rail line, but with the Independent Arts Collaborative’s (IAC) announcement that it is going to build its long-awaited space at 3400 Main (near the Ensemble/HCC rail stop), the wait is finally over.

    Or at least it will be by 2015, when the complex is scheduled to open.

    As Tyler Rudick reported, the 85,000-square-foot complex will include four or five small performance spaces, a 400-seat theater, exhibition space, classrooms, and office space. No one has signed a lease yet, but the tenants/collaborators will surely include some of the city’s strongest mid-level arts organizations, such as DiverseWorks, Main Street Theater or Suchu Dance. Emily Todd, president of the IAC board, told me that the organization has been in talks with 38 different companies.

    Beyond the benefits to the arts groups and the arts patrons, I’m most excited about what this complex will mean to neighborhood and even the city itself.

    According to Todd, the various organizations “want to be sure they won’t lose their individual identities” by joining the collaborative. But there’s little doubt that the final roster will be stellar, as the IAC will be able to offer its members powerful benefits.

    The spaces should be affordable—not costing more than the organizations pay now—despite the increased visibility they will offer. And the collaborations between the groups should be spectacular.

    The benefits to the arts patron are immediately obvious. Todd says the complex will be “an arts multiplex.” If you’re looking for something to do, but you don’t know exactly what, you can simply head on over (hopefully on the train) and see what’s playing. This is a very exciting concept, one that Todd says is more or less unique nationally, at least at this scale.

    But beyond the benefits to the arts groups and the arts patrons, I’m most excited about what this complex will mean to neighborhood and even the city itself. As I said, the rail line has not inspired the kind of immediate development people perhaps naively expected. Midtown remains pocked with surface parking lots, and the whole idea of using rail to promote dense inner-city development, rather than as a commuting tool for suburbanites, was looking rather dubious. This project should change that perception — at a time when the next wave of rail is already under construction.

    Significant neighborhood development

    The IAC complex is sure to inspire, or at least accompany, significant neighborhood development. Developer Bob Schultz, co-owner of the Continental Club and of the colorful boutiques that are the Continental’s neighbors, says he’s planning extensive further developments in the blocks just south of IAC. He’s planning to build housing, a parking garage, and more unique retail. A hotel is also on the drawing board.

    Schultz told me, “The hope is that we’ll have a 24/7 city (in the area).”

    And just blocks away, HCC Central Campus has already begun a very exciting redevelopment of its historic campus, one that will mend and strengthen the area’s badly torn urban fabric.

    This development comes at an interesting time in the city’s growth. Recent developments in Montrose—the opening of H-E-B, and Marvy Finger’s announced plans to build a massive “Mediterranean style” apartment complex in the Fiesta space across the street—appear to finally signal the end of Montrose’s status as “the strangest neighborhood east of the Pecos,” as Texas Monthly dubbed it way back in 1973. It’s simply become too shiny and comfortable.

    Of course, to a large extent la vie bohème Houston-style has already moved on, without really settling anywhere. Midtown should soon become its new and soulful home.

    The site of the proposed IAC arts complex in Midtown is near the Ensemble HCC light rail stop.

     
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    Here's how much Houstonians spend renting instead of buying a home

    Amber Heckler
    May 7, 2025 | 2:50 pm
    Houston neighborhoo
    Photo by Jose Losada on Unsplash
    Living in Houston doesn't come cheap.

    The affordability of homeownership seems to be a hot topic in 2025, and a new housing cost analysis has revealed that Houston residents who are renting are getting a bargain: saving nearly $860 per month by renting rather than owning their homes.

    The 2025 report, called "Renting vs. Buying: How Housing Costs Compare Across America," examined the median monthly homeownership and rent costs in 342 of the largest U.S. cities.

    The study's findings revealed Houston homeowners spend a median $2,219 on their monthly housing costs, whereas renters spend about $1,362 in comparison. That's an $857 price difference.

    Houston wasn't even the biggest city in terms of renters saving money — ranking No. 31 in the report's rankings of cities where homeownership is more expensive than renting.

    This study compares median costs for each group of people regardless of what they're getting for that cost. Because of this, we only know how much more homeowners tend to pay in general — not how much more they'd pay for a comparable space.

    Newark, New Jersey, ranked No. 1 on the list, with homeowners spending $2,641 per month on their homes, while renters only pay $1,341 a month, reflecting a whopping $1,300 difference.

    As any Houston-area resident knows, the real cost of living in the city doesn't just stop at the monthly mortgage or rent price. SmartAsset also factored in the cost of utilities, insurance, maintenance, and taxes to show the most accurate representation of the ongoing costs of renting versus owning a home.

    "On the rental side, the cost of utilities can add a consistent, considerable amount to your costs," the report said. "For homeowners, mortgage costs are padded not only by utilities but homeowners’ insurance, property taxes and maintenance costs."

    Housing costs in Houston-area suburbs
    The difference between The Woodlands (No. 45) renters and homeowners is greater than it is in Houston, though both monthly costs are much higher in the suburb. The report found that homeowners' costs in The Woodlands outpace renters' by $1,156 per month, totaling $3,075. Renters pay only $1,919 a month.

    Housing costs in Conroe (No. 69) are not far off from Houston, with residents paying $2,168 a month to own their homes, while renters only pay $1,441. That means the gap between renters and owners is $727 per month.

    The difference between home ownership versus renting is smallest in the far northeastern suburb of Atascocita, with renters only saving $333 per month over their homeowning neighbors.

    Here's what the report says are the monthly housing costs in other Houston-area suburbs:

    • Sugar Land – $2,851 for homeowners; $2,108 for renters = $743
    • League City – $2,337 for homeowners; $1,621 for renters = $716
    • Pearland – $2,515 for homeowners; $1,805 for renters = $710
    • Pasadena – $1,816 for homeowners; $1,206 for renters = $610
    • Atascocita – $2,180 for homeowners; $1,847 for renters = $333

    Residents in any major city who are considering buying their first house must consider all monthly financial costs before deciding to leave the rental life behind. Potentially large bills, like property taxes, can sneak up on some homeowners if they don't educate themselves properly prior to buying a home. (Thankfully, there are ways to save money in that category.)

    "These hidden costs can add up and change the dynamics of tradeoffs between the flexibility of renting versus the security of owning your own home," the report added.

    rentinghomeownersreal estatereportshousing costssuburbshoustonthe woodlandsconroe
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