HOUSTON – (Realty News Report) – Stream Realty Partners’ Houston office has broken ground on Empire West Business Park, a new 300-acre industrial development located in Brookshire, approximately 30 miles west of downtown Houston.
Construction has begun on three speculative distribution buildings totaling 1 million square feet, along with the park’s infrastructure and internal roadway system.
The Houston metropolitan area recently surpassed 7 million residents, and e-commerce growth is accelerating, said Justin Robinson, Partner with Stream Realty’s Houston office.
“This population growth is creating a large increase in rooftops across west Houston, which translates into strong consumer-driven demand—precisely what fuels warehouse absorption in our market,” Robinson explained.
Empire West Business Park features about 5,000 feet of frontage along Interstate 10 and Highway 90, with a dedicated east–west exit serving the site. These road connections provide convenient distribution access to Austin, San Antonio, south and central Texas, and other parts of the Houston region.
The park sits near major distribution and logistics facilities operated by companies such as Amazon, Costco, Domino’s, Igloo, Medline and Rooms-to-Go.
In addition to speculative buildings, Stream Realty will offer built-to-suit opportunities and the option to sell land parcels to corporate users.
“Maintaining an inventory of speculative buildings and shovel-ready parcels for build-to-suit projects puts us in a unique position to meet market demand and deliver finished product very quickly,” said Matteson Hamilton, Managing Director and Partner with Stream’s Houston office. “Working closely with the business-friendly City of Brookshire and Waller County has energized this project and feels like a true partnership aimed at attracting new companies and jobs to the area.”
The three speculative distribution buildings are scheduled for completion in the spring of 2021.
Rosenberger Construction has been selected as general contractor for Phase I, and Powers Brown Architecture provided the architectural design. Engineering partners on the project include BGE Inc., LJB Inc. and Cope Engineering.
Stream Realty noted that Empire West can provide prospective tenants and buyers access to economic incentives through the City of Brookshire and Waller County, along with expedited permitting processes.
“The City of Brookshire is business-friendly and ready to work with all potential businesses,” said Brookshire Mayor Darrell Branch.
Stream Realty Partners, a commercial real estate firm founded in 1996, operates offices across the United States, including Atlanta, Austin, Charlotte, Chicago, Dallas, Denver, Fort Worth, Greater Los Angeles, Houston, San Antonio, San Diego and Washington, D.C.
June 30, 2020 Realty News Report Copyright 2020