Energy industry corporations began moving to west Houston in the 1970s, seeking land for suburban office campuses and proximity to new housing developments.
Browning-Ferris Industries (BFI) had its headquarters in the district until its acquisition by
Allied Waste in 2000. Energy Corridor Management District. In Texas, management districts are special government entities empowered to levy commercial taxes within their boundaries to support investments in infrastructure,
urban planning, district branding and advertising, and public safety. Since then, the district has been actively involved in the creation of new infrastructure in the area, including road widening and the addition of bicycle lanes and sidewalks, and operates an extensive
tree-planting and beautification program. Between 2001 and 2013, the district more than tripled its total property value, from $600 million to over $2 billion. However, the
2010s oil glut put a damper on this growth, causing office and apartment vacancy rates in the area to rise significantly. Despite this slowdown, the district saw a significant increase in hospital construction during the mid-2010s, including new facilities for
Texas Children's Hospital,
Houston Methodist Hospital, and the
M.D. Anderson Cancer Center.
ExxonMobil operated a large chemical facility in the district until 2013, when it consolidated operations in its new corporate campus in
Spring. The Energy Corridor experienced extensive inland flooding from
Hurricane Harvey in August and September 2017 after historic rainfall exceeded the retention capacity of the Addicks and Barker reservoirs. The
United States Army Corps of Engineers was forced to maximize discharge out of the reservoirs into
Buffalo Bayou to protect the structural integrity of the dams, causing extensive downstream flooding of residential and commercial areas throughout the district, particularly along the Eldridge Parkway corridor. ==Economy==