The Chao Family’s Quiet Influence in Houston: Billionaires Behind Westlake Corp.
Discover how the Chao family, founders of Westlake Corp., impacts Houston’s economy and community, blending business success with philanthropy.
Discover how the Chao family, founders of Westlake Corp., impacts Houston’s economy and community, blending business success with philanthropy.
ABS-CBN Corporation has agreed to sell nearly 70% of its Diliman, Quezon City property to Ayala Land Inc. for PHP 6.24 billion. This move aims to raise funds for debt settlement. The sale marks a significant change for the network’s broadcasting center. The deal reflects ABS-CBN’s strategy to strengthen its financial standing. Ayala Land Inc. will acquire a substantial portion of the property. The agreement underscores a reshaping of assets and partnerships in the media and real estate industries.
LyondellBasell plans to lay off 345 workers at its Houston refinery, a step in exiting the refining industry to focus on renewable energy, reshaping its business strategy.
he structure holding the iconic Sears sign in Houston will be preserved, highlighting efforts to maintain the city’s cultural identity amid redevelopment.
Expansive 385-acre development near Lake Conroe promises nearly 700 homes, enhancing Montgomery County’s residential landscape as part of Houston’s growth.
Apple plans a 250,000-square-foot server manufacturing facility in Houston, part of a $500 billion investment to fuel AI and tech innovation.
CenterPoint Energy reports a remarkable $1 billion profit as Houston grapples with significant power challenges. The company’s financial success comes in the wake of widespread outages affecting the region, illustrating a stark contrast between operational difficulties and fiscal achievements.
Houston’s luxury home market sees a significant surge, with sales of $1M+ homes rising 21% year-over-year. Explore the factors driving this trend.
Sugar Land plans to acquire the historic Imperial Sugar Char House for $50M, with aims to preserve this significant site and revitalize the area.
Ascendent Development launches Amplify Tomball, a luxury townhome community in Houston, boosting the city’s build-to-rent market with upscale living options.