Rated as a beta world city, Houston's economy has a broad industrial base in the energy, manufacturing, aeronautics, transportation, and health care sectors and is a leading center for building oilfield equipment; only New York City is home to more Fortune 500 headquarters in the city limits. The city has a population from various ethnic and religious backgrounds and a large and growing international community. It is home to many cultural institutions and exhibits—attracting more than 7 million visitors a year to the Houston Museum District. Houston has an active visual and performing arts scene in the Theater District and is one of few U.S. cities that offer year-round resident companies in all major performing arts.
Tropical Storm Allison was a tropical storm that devastated southeast Texas in June of the 2001 Atlantic hurricane season. The first storm of the season, Allison lasted unusually long for a June storm, remaining tropical or subtropical for 15 days. The storm developed from a tropical wave in the northern Gulf of Mexico on June 4, and struck the northern Texas coast shortly thereafter. It drifted northward through the state, then turned back to the south and re-entered the Gulf of Mexico. The storm continued to the east-northeast, making landfall on Louisiana and then moving across the southeast United States and Mid-Atlantic. The storm dropped heavy rainfall along its path, peaking at over 40 inches (1000 mm) in Texas. The worst of the flooding occurred in Houston, where most of Allison's damage occurred. There, 30,000 became homeless after the flooding destroyed 2,744 homes. Downtown Houston was inundated with flooding, causing severe damage to hospitals and businesses. 23 people died in Texas. Throughout its entire path, Allison caused $6.05 billion (2006 USD) in damage and 41 deaths. Aside from Texas, the places worst hit were Louisiana and southeastern Pennsylvania.
River Oaks is an affluent community located in the geographic center of Houston, Texas, United States. Located within the 610 Loop and halfway between Downtown and Uptown, the community spans 1,100 acres (4.45 km²) in area. Established in the 1920s by brothers William and Michael Hogg, the community became a well-publicized national model for community planning. River Oaks is considered to be one of the wealthiest communities in Texas and has one of the wealthiest zip codes in the United States. The community is home to River Oaks Country Club which includes a golf facility designed by architect Donald Ross.
William and Michael Hogg, the sons of former Texas GovernorJim Hogg, and attorney Hugh Potter established River Oaks in the 1920s. Potter obtained an option to purchase 200 acres around the River Oaks Country Club in 1923, and in the following year William Hogg established the Country Club Estates in order to support the development of the community. The two brothers promoted the sale of lots in the subdivision for $2,200 apiece in 1928 ($27,638 in 2008). The brothers, along with sister Ima Hogg, oversaw the construction of Bayou Bend, a stately southern-style home on the banks of Buffalo Bayou.