Stream looks to capitalize on growing distribution demand in West Houston
HOUSTON, TX – June 30, 2020 – Stream Realty Partners (Stream), a national real estate services, development, and investment company, is pleased to announce the Houston office has officially broken ground on Empire West Business Park, a world class, 300-acre industrial development located 30 miles west of Houston, in Brookshire, Texas. The firm is underway with site infrastructure, including detention, roads, wastewater, and water that will serve the entire development. Additionally, three speculative distribution buildings are under construction with a spring 2021 delivery date.
“We are extremely excited to kick off this project and feel the timing could not be better given our location, the surge in e-commerce related warehouse demand and the Houston region’s continued population growth, which recently eclipsed 7 million people. This growth is leading to a large increase in rooftops in west Houston, which leads to strong consumptive-based demand, and this is what drives warehouse absorption in our market,” said Justin Robinson, Partner with Stream’s Houston office.
Empire West is uniquely situated with 5,000 feet of rare Interstate 10 and Highway 90 frontage with a dedicated east/west exit to the site. The first phase of the development will include three speculative buildings totaling one million square feet under three roofs. In addition, Stream will provide opportunities for built-to-suit deals and the ability to sell land to corporate end users.
“Having our inventory of spec buildings and ‘shovel-ready’ land for build-to-suit projects puts us in a really unique position to capture market demand and deliver finished product extremely quickly,” said Matteson Hamilton, Managing Director and Partner with Stream’s Houston office. “Working with the business-friendly municipalities of City of Brookshire and Waller County has further energized our project and feels like a true partnership trying to land new companies and jobs in this area.”
“The City of Brookshire could not be more excited about Empire West,” said Darrell Branch, Mayor of Brookshire. “The City of Brookshire is business friendly and ready to work with all potential businesses.”
Rosenberger Construction has been selected as the general contractor for Phase I and the architectural design was completed by Powers Brown Architecture. Engineering partners on the project include BGE Inc., LJB Inc. and Cope Engineering.
Empire West provides unparalleled visibility and distribution reach to Houston and south/central Texas, and is situated directly next door to powerful corporate neighbors such as Amazon, Costco, Domino’s, Igloo and Medline and Rooms-to-Go, amongst others. The project’s state-of-the-art design and building features offers users great cost efficiencies, and increased delivery and service capabilities. Empire West can offer prospective users economic incentives available via the City of Brookshire and Waller County, as well as expedited permitting schedules.
For more information on the project, please visit https://bit.ly/empirewest.