Construction Diaries: Energy Corridor

Construction in the Energy Corridor is booming (with 3M SF in the ground—possibly the largest concentration of office expansions and development in the country), so District prez David Hightower took up a helicopter and snagged some great pics. (If you’re scared of heights these pics are terrifying.) Here’s Mac Haik’s Energy Tower complex at I-10 and Kirkwood, where Technip leased the entire 429k SF tower under construction.

Shell is expanding its Woodbranch campus at I-10 and Dairy Ashford, adding two 12-story towers totaling 750k SF and bringing its campus to 1.9M SF. Down the street, BP recently removed the crane from its three-story, 110k SF supercomputer building, which will house one of the world’s largest concentrations of computing power. (None of the computers will be named HAL.)

Can you see your car from here? Trammell Crow is well under way on Energy Center Three at Eldridge and I-10. ConocoPhillips is leasing the entire 550k SF property and is snagging half of 600k SF Energy Center Four. That property will begin development later this year. Finally, we hit a building under construction with some space available: Lincoln Properties is developing Energy Crossing Two at I-10 and Highway 6. The 327k SF building is 65% pre-leased.

Transwestern is constructing three office buildings simultaneously at Westgate. The 660k SF complex is in the Park 10 Regional Business Center at I-10 and Houston Chronicle Boulevard and is over 90% pre-leased.

It’s not all pure office development: Since Methodist Hospital System’s first 160k SF building in the Texas Medical Center West Campus is full, it broke ground on its second MOB there. The new facility will be six stories and 166k SF, bringing the campus to over 1.3M SF.

And you can’t expect David to explore the area without visiting his firm’s newest project. Infrastructure construction is under way in Central Park, Wolff Cos’ project directly across I-10 from the BP campus. (Pictured, the beginnings of Park Row and Central Park West Boulevard.)

For the complete article, please go to:
https://www.bisnow.com/archives/newsletter/houston/my-story-paul-frazier