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# Compute the effect on growth and do a back-of-the-envelope calculation for whether it is worth TIF financing.
Note that 0.001 decimal degrees is 111m or 1.11hm [http://wiki.gis.com/wiki/index.php/Decimal_degrees], so 2.5 hm (for a total of 5 per side, and so 25hmsq) is 0.002252 decimal degrees and 1.617hm (giving a hull area of 10hmsq, which at 0.95 startups per hectare -- essentially 1 per square block, accommodates 25% of Houston's 27 47 active startups in 2017 in 10.46025 hectares). Using centroid analysis on Houston's 2017 hulls, the optimal location for a 3.2 block by 3.2 block innovation district is just above the Galleria area in Uptown [https://www.google.com/maps/place/29%C2%B044'42.0%22N+95%C2%B028'13.1%22W/@29.7450129,-95.4724838,17z/data=!3m1!4b1!4m5!3m4!1s0x0:0x0!8m2!3d29.7450083!4d-95.4702951]. There is a business park directly adjacent to these coordinates which ia about the right size for the innovation district and currently includes the offices of Schlumberger, Alert Logic, Hire Priority, and others. Supposing that all of Houston's 43 active startups were relocated, it doesn't much matter where you put them. One questions is whether the 4 sq mile innovation corridor would then be an improvement over the status quo, and how much worse it would be than a district that of the implied optimum density? Such a district, using 0.95 hectares per location, would have an implied hull area of around 45 hectares, or a 0.003011 decimal degrees deviation in four directions from a point (to give 4 corners of a square).
====Group Means Regression====

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