LAKE HOUSTON, TEXAS AN OVERVIEW OF ECONOMIC ACTIVITIES – January 2014
Lake Houston Area Economic Development Partnership website - http://www.lakehoustonedp.org/ Development in the Lake Houston area is classified into 7 major categpries: Mixed Use Development, Medical Development, Education Development, Commercial Development, Industrial/Technology Development, Public Development and Residential Development. The following information represents just some of the development projects that have occurred in the Lake Houston area in the past several years that have had a positive effect on the local economy.
MIXED-USE DEVELOPMENT PROJECTS Kingwood Parc – A truly mixed-use development at HWY 59 N and Kingwood Dr. Including 600,000-square-foot development designed to
include shops, apartments, restaurants and an office tower, all in a pedestrian-friendly, modern environment. This location sits at the main entrance in to Kingwood and is the focal point for new retail development. It is expected to have 300,000 square feet of retail space, including a grocery store, a 16-story class A office building and 300 apartments that will be built above retail. To see a pdf flyer, click here http://www.lakehoustonedp.org/wp-content/uploads/2013/11/updated-brochure.pdf (Scheduled to open 2015)
Generation Park - Largest privately owned tract of land in the Greater Houston area. Located on the northeast corner of Beltway8/Sam
Houston Tollway and W. Lake Houston Pkwy will be a 3,924 acre first-class mixed-use development with five districts serving a variety of uses. Office, Distribution Centers, Rail Served Sites, Manufacturing Centers, High Tech, R&D, Regional Medical and Corporate Campus sites are available and shovel-ready. FMC Technologies purchased 173 acres. To access more detailed information and learn more click here http://www.generationpark.com/downloads/GP_FLYER_R6.pdf (Fmc anticipated to break ground in 2014)
Kings Harbor - 20-acre, waterfront mixed-use office, retail and residential development located at 1660 W Lake Houston Pkwy in the
Kingwood/Atascocita market in the heart of Northeast Houston. Only commercial property in the Lake Houston area located directly on the water. Opened in 2010 The Village at Northpark - 24-acre mixed-use retail center and apartment development at the corner of Northpark Dr and HWY 59 Kingwood. The new Kroger Marketplace is unique because it is a super-sized Kroger which houses a Starbucks, Ashley furniture, Fred Meyer Jewelers, appliances, home goods, fuel center and several other amenities. Opened late 2013
MEDICAL DEVELOPMENT PROJECTS Memorial Hermann Northeast Hospital - A 255-bed facility, Memorial Hermann Northeast Hospital has been caring for families in the Lake Houston area for over 30 years, offering world-class care close to home. Its affiliated doctors span a wide variety of disciplines. Also serves as the official healthcare provider to passengers traveling through Houston’s George Bush International Airport. Memorial Herman Northeast Hospital – Northeast Cancer Center - A ribbon cutting ceremony was held June 2013 at the Cancer Center, located at 18960 Memorial North, directly across from the hospital on the Humble campus to celebrate an almost $4Mill investment in new technology, along with newly formed partnership with University of Texas Oncology Physicians for breast cancer and urology specialists. Memorial Hermann Convenient Care Center - The first of its kind for the Memorial Hermann Hospital System, the new Convenient Care Center located at 14201 East Sam Houston Pkwy Beltway 8 near Summer Creek High School will deliver a new model of care for patients. Opened in 2013 Kingwood Medical Center - A 278-bed hospital located at 22999 U.S. 59 S currently undergoing a $71 Million expansion to construct a new, three story tower, adding 155,400 square feet. This is the third major expansion project with the South Tower addition being “topped out” May 31, 2013. The project consists of a three-story addition and renovations to the existing hospital. Brasfield & Gorrie is also building a new central energy plant as part of the project. The firm also handled the two-story expansion to the existing patient tower at Kingwood Medical Center in 2011. HealthOne 24 Hour Emergency Care - A department of Kingwood Medical Center. There are two locations in the Lake Houston area. One in Fall Creek located at 9711 N. Sam Houston Pkwy East and a separate office at the Kingwood Medical Center at 22999 U.S. Highway 59 North, Suite 134. Opened in 2012 Texas Emergency Care Center - A full-service emergency room, opened a new 20,000 sf building at 19143 W. Lake Houston Pkwy in Atascocita in September 2011. They have 30 full time employees. Berkeley Eye Center - Moved its corporate office to Kingwood and opened a new clinic in a new facility located at 22741 Professional Dr that resulted in 17 new jobs to the area. Opened in 2012 The Fondren Orthopedic Group - Opened a Physical Therapy department in June 2011 at their Kingwood location at 601 Kingwood Dr and has a location in Atascocita at 18411 W. Lake Houston Pkwy. Kindred Rehabilitation Hospital - Kindred opened a new 46 bed, 56,000-square-foot freestanding inpatient rehabilitation hospital in 2012, located at 18839 McKay Blvd, Humble, Texas. At full occupancy, the hospital will employ about 105 medical, nursing, therapy and support staff. Emeritus Assisted Living – Opened in May 2013, employs between 50 and 60 full-time employees and occupy 104,000 square feet. Emeritus at Kingwood provides Assisted Living, Memory Care and Skilled Nursing services. The Dallas office of South Bay Partners Ltd. is the developer for the projects. Hearing Aid Express - Opening its sixth Houston-area location in Kingwood Shopping Center May 2013.
MedSpring Urgent Care - Austin-based urgent care center operator opened a clinic at 1450 Kingwood Dr. Opened in 2012 Eagle Springs Professional Center - A 26,000-square-foot medical professional complex developed by the Betz Cos. located on a threeacre site at 5510 Atascocita Road. Opened in 2013 Kingwood Orthodontics - Located across the street from Riverwood Middle School at Kingwood Dr. and High Valley Dr. opened in April 2013.
Humble Pediatrics- An 8,000-square-foot building occupied by an affiliate of Texas Children's Hospital, located at 18350 Timber Forest Dr. Developed by Stryker/Groen Commercial Realty. Opened in 2012 RediClinic - Expanding its clinics which are operated out of H-E-B Grocery Co. stores. Two new clinics in the Lake Houston Area are located at In Houston at 7405 FM 1960 in Atascocita, and 4303 Kingwood Drive. Opened in 2012 Acadian Ambulance Service - One of the largest employee-owned ambulance services in the country has based its Houston operations in Humble after acquiring NorthStar EMS. Acadian is in the process of setting up an executive structure in Humble and is planning to hire additional employees to manage the growth of the company. Opened in 2012 Humble Surgical Hospital - Opened its doors in August 2010, located at 1475 FM 1960 Bypass Road East. They completed their new medical office building in the summer of 2013. Neighbors Kingwood Emergency Center - Opened this location at 1120 Kingwood Dr. in Feb 2012. First Choice Emergency Room - Opened its 8th Houston location 2012, located at 2158 Northpark Dr. Foot Reflexology – Opened a brand new location at the southwest corner of FM 1960 Bypass and Whitaker Dr in the Deerbrook Commons in June 2013. EDUCATION PROJECTS
Humble ISD - Four brand new campuses were opened in 2010, including Summer Creek High School, Woodcreek Middle School, Lakeshore Elementary School and Atascocita Springs Elementary School, in addition to the newest campus at Ridge Creek Elementary which opened in Aug 2013. This brings the total number of campuses in Humble ISD to 42. More than 38,000 students and over 5,000 employees, Humble ISD is nationally recognized for the outstanding education it offers to students. Humble ISD is listed among the 25 fastest growing school districts in Texas, and is currently the 31st largest district in the state. In 2013 HISD is positioned financially to open Elementary School No. 28 and Middle School No. 9 over the next few years. District and total capacity should serve about 55,000 students. Ridge Creek Elementary – Newest Humble ISD campus, opened in Aug 2013. Located at 15201 Woodland Hills Dr, Humble, 77396 and will feed into Woodcreek Middle School for grades 6-8 and Summer Creek High School for grades 9-12. Building costs estimated at cost $15.4 million and will serve 450 with capacity of 960 pupils. Lone Star College - Kingwood & Atascocita - Lake Houston area population growth is helping to increase enrollment and prompted the building of two additional structures at LSC-Kingwood. The two new buildings, Student-Conference Center and the Music Instructional Building were completed August 2011. Fall 2013 enrollment at LSC- Kingwood alone was 12,040. LSC also opened a newly constructed 62,000 sf LSC-Atascocita Center located at 15903 West Lake Houston Pkwy and also serves as the home to Humble ISD's Quest Early College High School and the University of Houston Downtown's bachelor in business administration completion degree. At the start of the Fall 2013 semester in August, LSC-Atascocita noted a 52 % increase, which brings its student population to 818. Quest Early College High School (QECHS) - Located at the new Lone Star Kingwood Atascocita Center campus. QECHS Provides students with a high school choice that enables them to earn their high school diploma and a Lone Star Kingwood College Associates degree upon graduation. Opened in 2012 Children’s Learning Adventure - On Atasca Oaks Dr and Atascocita Rd in Humble. Opened in April 2013 Kids R Kids Day Care - Has opened a 15,600-square-foot facility at 18410 Timber Forest Drive. Opened in 2012 Primrose School of Eagle Springs - will open an 11,500 sf facility in August 2013 located at 17979 Eagle Springs Pky and will create 25 jobs and $3.5 million in project costs. Humble Area's First Baptist Church - Located at FM 1960 and Townsen Blvd East completed a new 40,000 sq ft Preschool and Children's Building to provide space for young families in the Humble area. Opened spring 2013 COMMERCIAL DEVELOPMENT PROJECTS Shoppes at Kingsgate - Schreer Partnership recently purchased the 153,000 square-foot Kingwood Shopping Center where Steinmart is located and plan to change the name to the Shoppes at Kingsgate. Long-term contracts with Steinmart, the dry cleaning business and many of the other existing businesses within the new Shoppes at Kingsgate have been secured. They plan to make each of the buildings have a unique look, change the lighting and landscape to transform it into a gated shopping center that is very user-friendly. Renovations will be complete by mid-2014. Holiday Inn Express - Located at 5616 FM 1960 next door to Spring Hill BBQ. Opened early 2014 New Commercial Pad Sites - New commercial property recently went on market on Southside of Northaprk Dr & Loop 494 and will soon be occupied by retail businesses. No news on specific future tenants at this point due to confidentiality. Jan 2014 M&D Distributors - Leased a building in late 2013 located at 7902 FM 1960 just before Lee Rd. and started business Jan. 2014. The heart of M&D is Diesel fuel injection parts and systems, but along with adding locations and territory, have also added to their capabilities to serve customer’s needs for turbochargers, engine parts, filtration, and more. K2 Logistics - A full-service logistics and supply chain management company serving all industries broke ground March 2013 on a 250,000 sf distribution center on the corner of FM 1960 W and Kenswick near George Bush IAH. K2's cross-dock distribution facility represents a $20
million investment on 18 acres and 50 new jobs. But internal negotiations are ongoing with company stakeholders for consideration of moving its company headquarters from Minneapolis to the Lake Houston area as well. Opened mid 2014 Union Kitchen - After opening their first location three years ago in 2011 in the Bellaire area and a second in Memorial The Union Kitchen opened their third location in Kingwood at 23918 Hwy. 59 N in October 2013. Petco - The national chain recently opened a new location in Kingwood at 810 Kingwood Dr. Opened in October 2013 Gateway Buildings I and II – Lausrus Corp. a private real estate investor/developer has acquired the two Class A, 270k (combined) SF buildings located at 15333 John F Kennedy Blvd Houston, TX 77032. The six and eight story buildings will undergo upgrades and renovations to the lobby, corridors and bathroom facilities. Opened in June 2013 Parkway Family Mazda - The Kingwood car dealership is undergoing a $2 million renovation project, which broke ground in August and is expected to wrap up some time in early 2014. Fred Meyer Jewelers - The nation’s third largest jewelry retailer is celebrating the grand opening of its ninth location in Texas with a 1,300 square foot store within the Kroger Marketplace at 25651 U.S. Highway 59 North, beginning Saturday, Oct 2013. This opening marks the Company’s 56th national store within a Kroger Marketplace location and the 9th Marketplace store in Texas. CVS Pharmacy – Newly constructed CVS Pharmacy located at 8800 FM 1960 in Humble. Opened November 2013. Goody Goody Liquor – Opened their first large scale liquor store in the Houston area in Humble at 9805 FM 1960 west of Pappasito's. Fall Creek Plaza – Newly constructed retail strip center located on the eastbound Sam Houston Pkwy/Beltway 8 in Fall Creek at 15400 Vantage Parkway West. The Combined 100,000 sf retail strip center opened late 2013. Longhorn Steakhouse – Opened a new facility in Humble on a pad site at Deerbrook Mall in 2013. Dunkin Donuts – Opened a 3,806 sf in the Orleans Shopping Center on West Lake Houston Pkwy. First location in the Houston expansion for DD. Jonathan Hicks of Davis Commercial rep’d the tenant; Janet Maas of century 21 represented the land lord Compass Care Holdings.
Opened October 2013 Red Wing Shoes – Celebrated the grand opening of new retail location at 9441 FM 1960 West in July 2013. Marriott Courtyard – Will open its 115 room hotel at new location at entrance of Kingwood. Located at the intersection of Northpark
Plaza Dr and Eastex Freeway Service Rd. Opened January 2014 The Overlook – Opened May 2013, located at 20114 Pinehurst Drive Atascocita, TX 77346. The Overlook made significant remodel and improvements on the previous 22 acre Atascocita Country Club and will provide beautiful spaces and dining for weddings, corporate events, private retreats, reunions and more. Going’s Barbecue – Opened a brand new location at 20669 W. Lake Houston Pkwy. Known for their fresh pit barbecue, sandwiches and steaks. Opened in May 2013 HEB Summerwood – Located at 12680 West Lake Houston Pkwy in Summerwood. An 88,000-square-foot stand-alone with all of the features of a grocery store in addition to a car wash and gas station with regular and diesel gas for customers. Opened in September 2010. A new Carl Jr's was constructed on a pad site at HEB Summerwood and opened in late 2013. Aldi Discount Grocery - Known for its low prices, sells produce, meat and other grocery items generally sold under its own label, will open one of 15 new Houston stores at 6900 FM 1960 East April 2013. Aldi’s Humble store at 8755 FM 1960 will open Jan. 23, 2014. Robbins Chevrolet – Is constructing a new showroom at a cost of over $2million. Opened new showroom late 2013. Chic-fil-A - Opened a location at 4594 Kingwood Dr. in October 2012. Texan Buick/GMC – Significantly remodeled their current showroom in 2012. Johnny’s Pizza House – The new location is at Kings Lake Estates, 20669 W. Lake Houston Pkwy. The establishment will provide a sports bar themed atmosphere serving food and beverages. Opened in April 2013. Randall Reed’s Planet Ford – Opened a Quick Lane Tire and Auto Center located at 19000 Hwy 59 in 2012. In addition a major expansion will be complete in early 2014. Garden Ridge Pottery – Opened a new location at 9450 FM 1960 Bypass Rd W, Humble, TX 77338 in 2011. Academy Sports and Outdoors has leased 95,000 square feet, and Burlington Coat Factory has leased 73,000 square feet of the former Kmart store. Cheddar’s, Logan’s Roadhouse, and Freebird’s also built restaurants on pad sites in the front. Opened in 2011 Commercial State Bank of El Campo - Opened in June 2011 located at 10203 Birchridge Drive Suite 100 Humble, TX 77338.
INDUSTRIAL/TECHNOLOGY DEVELOPMENT Air 59 Commerce Center - is a 111 acre site is located across the highway from George Bush Intercontinental Airport on the northeast
corner of U.S. Highway 59 and Will Clayton Parkway, will hold 1.5 million to 2 million square feet of buildings for commercial use. Available and awaiting tenants as of January 2014. IAH Business Park – Levey Group purchased 17.5 acres situated in between Hardy Toll Rd (on west) and Bush Airport (on east) on Aldine Westfield Rd, bounded by Richey Rd (on north) and Rankin Rd (on south). This development is a 200,000 + SF speculative industrial park shovel ready as of the end of 2013. Weatherford Production Optimization – Completed a significant expansion at 22001 Northpark Dr. just west of HWY 59 in early June 2013. This expansion allows for continued operations which include; Administration Center, Engineering Center, Manufacturing Center, Operations, Sales Center, Service Center, Stocking Location/Warehouse, Test and Research, Control Systems, Flow Measurement, Gas Lift Systems, Lift Optimization, Progressing Cavity Pump Systems, Reservoir Monitoring, Rod Pumps, Software.
Houston Plating & Coatings – Located at 2622 Wilson Rd, HPC is a specialty metals coating company, who just last year completed building out of an additional 60,000-square-foot space in Humble, expanding on its already existing 100,000-square-foot location. They added new proprietary processes along with 100 employees in the past two and a half years to boost its headcount to 300. 2013 Venture Precision Technologies - recently leased a 5,000-square-foot building at 1809 Humble Place Drive. Robert McGee and Thomas Leger with The National Realty Group represented the landlord, Mullane Interests. Opened in February 2013 DeLorean Motor Co. Inc. - Has partnered with Epic Electric Vehicles as the composites manufacturer for the new DeLorean Electric Vehicle which started production in 2012. Humble-based Delorean has a medium sized office which holds its worldwide headquarters and an automotive parts service and modification garage for vehicle customization and design. Laser Tissue Welding - Humble based bio-tech company. The company has one issued patent; two patents are pending and have exclusive rights via a licensing agreement to the technology. Laser Tissue Welding has completed development of a clinical device and successfully completed a human feasibility clinical study in 2012. GrowthForce LLC - No. 51 on Houston Business Journal’s Fast Growing Companies. Located in Kingwood, GrowthForce Technology Partners started as a sister company to build applications that interface with QuickBooks. 2012 PUBLIC PROJECTS Beltway 8 Expansion – In February 2011, the Northeast section of Sam Houston Tollway/Beltway 8 opened 13 miles of tollway that
completes the Outer Loop and connects to the Houston Ship Channel industries and the Port of Houston.
Grand Parkway (SH99) - Is currently under construction from IH-10W to US 59N. The segment from IH-10W to US 290 will open in 2013
and the segments from US 290 to US 59N will open in 2015. Widening of Townsen Blvd. - The City of Humble approved the expansion to four lanes, two in each direction from where Townsen meets U.S. Hwy. 59 to F.M. 1960. This expansion will help ease a portion of the congestion issues and the future development. July 2013 Northpark Extension opening – Northpark Dr. was expanded to four lanes from W. Lake Houston to Mills Branch in 2011. Northpark Drive at Woodridge Parkway/Hidden Pines - Beginning July 1, 2013, the City of Houston's Public Works and Engineering Department will begin constructing a dedicated left turn lane at the intersection of Northpark Dr at Woodridge Parkway/Hidden Pines to accommodate larger traffic volumes and mitigate traffic flow. George Bush Intercontinental Airport - Terminal B’s renovated south concourse includes 225,000 square-foot facility — nearly four times the size as the previous south concourse — will be dedicated to United Express regional flights. The first 15 gates of the $97 million south concourse became operational in May 2013. United Airlines will add 15 more gates by the start of 2014. In addition, Terminal D (for international flights) will undergo a complete renovation from 2014-2015.
RESIDENTIAL DEVELOPMENT PROJECTS Watercrest Kingwood – Senior villa and apartment housing located at 24025 Kingwood Pl Dr Kingwood, TX 77339. Construction is currently underway and is scheduled to be completed and ready for move in Summer 2015. Will include 170 units integrated to current Emeritus at Kingwood and specialty care facility, creating a campus like development tying each building together. Woodridge Forest – The 296-acre Woodridge Forest community property is located at the front of Kingwood on Northpark Dr, between Loop 494 and Woodland Hills Dr. The development has been designed to house 800 single-family homes. Under development as of 2014 Crescent Communities - The Groves – Entrance will be 4 miles north of W. Lake Houston Pkwy & Beltway 8. Groundbreaking will happen December 17, 2013 and initial spec homes will be available by the 4th Q of 2014. In all The Groves will feature; a mixed-use community on 993-acres, 2,200 single-family homes, 540 apartment homes, a community center with neighborhood retail, commercial uses, pool and 2 sites for future schools in Humble ISD. Six different builders will be featured, preliminary home prices will range from $250,000 - $400,000. The Bridges of Lake Houston - The Bridges of Lake Houston will develop approximately 332 acres with about 1000 housing units. One portion of ±53.64 acres of mixed-use commercial land along W Lake Houston Pkwy which will feature retail, office and/or multifamily uses. The eastern portion is ±278.79 acres of residential land. Construction scheduled to begin 2Q 2014. Friendswood Developments - (below info is up to date as of Jan 2014) Oakhurst at Kingwood –Oakhurst boasts everything from luxury patio homes to custom designs and golf-course as well as lake-view
homesites. As of November 2013 - 200 lots are currently available, about 1 and 1/2 years left of construction until capacity is maxed out, 222 homes sold in 2013. Royal Shores - 53 lots currently available. Currently facing environmental delays due to bald eagle nest located on the property Tavola - 1,560 acres located in New Caney, seven miles north of Kingwood on Highway US 59. Acquired 1 year ago, 3 different lot sizes available for sale May 2014 Royal Brook - 700-800 homes on 330 acres located to the east of Mill Branch Dr. at the end of West Lake Houston Pkwy. WLH Pkwy will be extended and widened to four lanes. This information is provided by the Lake Houston Economic Development Partnership 110 W. Main St. Humble, TX 281-446-2128 Use of this information with or without the consent of the Lake Houston Area Economic Development Partnership is highly encouraged! The information contained herein was gathered from various sources deemed to be reliable; however no warranty or representation, either express or implied, can be made by Lake Houston Economic Development Partnership as to the accuracy or completeness of this information. Copyright © 2013