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April News Digest
Houston’s famous Astrodome, which has fallen into disrepair, is set to be renovated following Harris County Commissioners’ approval of a $105 million plan. The floor will be raised 30ft to ground level creating more than 500,000sq. ft. of rentable space for festivals and events such as the Offshore Technology Conference (OTC). The improvement scheme will be funded from revenue and fees rather than a property tax increase which failed to win the support of taxpayers in 2016 . The 53-
The population of Houston grew in 2017 but at the lowest pace in 20 years. More people left than moved in from other parts of the U.S. – only the fourth time this has happened since 1990. International migration and an increase in births resulted in population growth of 94,417 in the year to July, 1917. The Greater Houston Partnership which promotes economic development stated, “Houston won’t draw residents from other metropolitan areas until the local economy improves and robust growth returns.” The U.S. Census Bureau put the population of the Houston metropolitan area at of 6,892,427.