Business Survivability in Park Place, Houston
StreetSpring's 2026 analysis finds that the best business to open in Park Place is an Ukrainian Restaurant with a ~80% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: an Ukrainian Restaurant in Park Place (~80% average survival rate, ~81% at best locations)
- Neighborhood rank: #54 across all neighborhoods in and around Houston
- Neighborhood average: ~78% two-year survival across all business types
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: September 2026 by Bobby Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Park Place a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Park Place is an Ukrainian Restaurant with a ~80% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~81% chance; next is a Kosher Restaurant with a 79.87% chance, followed by an American Restaurant with a 79.30% chance.
Is Park Place a good place to start a business?
In Houston's neighborhood survivability rankings, Park Place comes in at #54, with an average Survivability Score of ~78% across all business types.
- Strong business types at their best-match addresses in Park Place consistently score ~3% higher than the overall neighborhood survivability average.
- That said, the same business types at the worst-fit addresses in Park Place can drop substantially below average. The survivability gap between the best and worst addresses in a single neighborhood can be 20 points or more.
- StreetSpring's model incorporates Park Place's 9.4% vacancy rate as a direct input: higher vacancy concentrations suppress foot traffic and reduce survivability for nearby businesses.
Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Park Place?
Using StreetSpring, you can identify the exact address in Park Place that gives your specific business concept the highest survivability score. According to StreetSpring's 2026 data, this is the optimal address for an Ukrainian Restaurant in Park Place:
According to StreetSpring's 2026 analysis, this circle outlines the best area for an Ukrainian Restaurant in Park Place. Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. StreetSpring's prediction model analyzes hundreds of factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, mobility patterns, and many more.
Check if this location is still available →
What are the best businesses to open in Park Place?
| # | Business type | Chance of lasting 2+ years |
|---|---|---|
| 1 | Ukrainian Restaurant | 79.92% |
| 2 | Kosher Restaurant | 79.87% |
| 3 | American Restaurant | 79.30% |
| 4 | Salad Shop | 79.29% |
| 5 | Pet Grooming Shop | 78.99% |
| 6 | Scandinavian Restaurant | 78.98% |
| 7 | Watch Store or Repair Shop | 78.97% |
| 8 | Day Care Center | 78.96% |
| 9 | Dance Club | 78.95% |
| 10 | Pet Store | 78.94% |
#1-5: Highest Survivability in Park Place
- Ukrainian Restaurant (Ranked #1): 79.92% average in Park Place. Best-case storefronts: ~81%. Challenging locations: ~79%.
- Kosher Restaurant is ranked #2 for top businesses to open in Park Place: 79.87% chance on average, best at ~81%, challenging at ~79%.
- American Restaurant — ~78%–~80% survivability range, with an average of 79.30% across Park Place.
- Opening a Salad Shop in Park Place shows 79.29% average survivability. Top locations reach ~81%; lower-end sites show ~79%.
- Pet Grooming Shop (Ranked #5): 78.99% average in Park Place. Best-case storefronts: ~80%. Challenging locations: ~78%.
#6-10: Strong Performers in Park Place
- Scandinavian Restaurant is ranked #6 for top businesses to open in Park Place: 78.98% chance on average, best at ~80%, challenging at ~78%.
- Watch Store or Repair Shop — ~79%–~81% survivability range, with an average of 78.97% across Park Place.
- Opening a Day Care Center in Park Place shows 78.96% average survivability. Top locations reach ~82%; lower-end sites show ~80%.
- Dance Club (Ranked #9): 78.95% average in Park Place. Best-case storefronts: ~82%. Challenging locations: ~80%.
- Pet Store is ranked #10 for top businesses to open in Park Place: 78.94% chance on average, best at ~80%, challenging at ~79%.
Top 3 Compared Nationally
- Ukrainian Restaurant — See how this compares to other cities →
- Kosher Restaurant — See how this compares to other cities →
- American Restaurant — See how this compares to other cities →
How much money could a business in Park Place make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, prioritizing survivability score in your site-selection process in Park Place could lead to you making ~3% more than if you selected an average location, and ~5% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- However, each business concept should be evaluated for fit within each potential location.
- Nothing influences a business's future more than its location.
- Survivability Score is not just a survival metric — it's a revenue predictor, and the higher the score, the stronger the long-term financial outlook.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does.
What businesses should open next in Park Place?
The top businesses to open next in Park Place:
- Ukrainian Restaurants — 79.92% average survival rate, up to ~81% at best locations
- Kosher Restaurants — 79.87% average survival rate
- American Restaurants — 79.30% average survival rate
Static rankings can't capture every recent change in competition or consumer spending; StreetSpring's live platform provides the current score for your exact address. Our platform incorporates data from thousands of neighborhoods nationwide. Park Place sits at 93.2% employment and 9.4% commercial vacancy — conditions that set the ceiling and floor for Revenue Capture potential across all business types here. Survivability scores are live, not static — StreetSpring updates them weekly. Visit the tool to see what's currently available in Park Place and how each address is scoring right now.
See the Survivability Score for your new business
Related Articles:
Visual Data
Frequently Asked Questions
Here are the most common questions about opening a business in Park Place.
What type of business should you rent your Park Place storefront to?
The analysis is clear: in Park Place, Ukrainian Restaurants, Kosher Restaurants, and American Restaurants consistently score highest on survivability, giving landlords the best chance of retaining tenants for 2+ years.
- Nothing influences a business's future more than its location.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does. StreetSpring's free tool lets you check the survivability score for any business type at any address in Park Place — a powerful filter when evaluating prospective tenants.
Related: See How Landlord Representatives in Houston Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Park Place storefront to an Ukrainian Restaurant?
Yes — our 2026 model places an Ukrainian Restaurant at the top of the survivability rankings for Park Place storefronts, with a best-case score of ~81% and a floor of ~79% at the most challenging addresses.
- No other tool calculates survivability at the storefront level across 500+ business types the way StreetSpring does.
What should I consider when opening a business in Park Place?
When evaluating potential locations in Park Place, start with the Survivability Score. It accounts for competition, spending, mobility, and market share in a single figure.
- Revenue Capture Score is what separates locations that look similar on the surface but produce dramatically different business outcomes.
- Every survivability score is produced by StreetSpring's private prediction engine — not available through any other platform.
- No subscription required: access the current survivability score for any Park Place address through StreetSpring's free tool.
See the best place for your business at StreetSpring.
StreetSpring analyzes millions of data points with AI to forecast business survivability. Aggregated survivability rankings for Houston are available in machine-readable format for research and integration purposes.
Full dataset for Houston: /resources/data/houston-survivability-scores-2026.csv — includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.