HOUSTON — Office buildings in the Energy Corridor, a major business district in west Houston, suffered high water and flooding following Hurricane Harvey. Floodwaters have impacted numerous streets across the district, and assessments of property damage are ongoing.
Eldridge Place, an office complex of three buildings totaling approximately 825,000 square feet at the southwest corner of Memorial Drive and North Eldridge Parkway, reported flood-related damage. The property is owned by TIER REIT.
In a news release, the Dallas-based firm said its other local holdings, BriarLake Plaza and Loop Central, did not experience storm damage and remain open and fully operational. Eldridge Place, however, was exposed to rising floodwaters in the Energy Corridor last week and sustained damage related to flooding.
Situated just south of Interstate 10, Eldridge Place sits near the Addicks and Barker reservoirs. Those reservoirs are designed to receive and hold overflow and direct excess water into Buffalo Bayou during major storm events. The complex is also located in proximity to major area developments, including the BP campus and Skanska’s West Memorial Place project.
Recovery and remediation efforts are underway as property owners and local authorities continue evaluations and begin repairs. Tenants and local businesses are monitoring conditions and coordinating with property managers to assess access, safety, and timelines for restoration.
As officials complete inspections and insurance assessments, the full scope of the damage and the timetable for reopening affected spaces will become clearer. In the meantime, community stakeholders are working to support recovery in the Energy Corridor and surrounding neighborhoods.