Igloo Corporation, a top-ranking company in the cooler industry and headquartered in Katy, recently announced plans to occupy a new distribution facility in the West Ten Business Park.
The new Igloo facility will cover 420,000 square feet. Katy Area EDC President Lance LaCour noted that Igloo is one of the top 10 employers in the Katy area and one of the largest manufacturers in the Greater Houston area. “Igloo provides a significant economic impact to the Katy area economy and is a supporter of economic and community development initiatives,” LaCour said. “We appreciate Igloo’s decision to expand their footprint in Katy with this new 420,000 square-feet facility.” The EDC assisted Parkside Capital and Panattoni Development Company in recruiting Igloo to locate in the West Ten Business Park. Panattoni will construct the facility and lease it to Igloo.
Katy Mayor Don Elder Jr. also welcomed Igloo’s decision, saying it was another sign of a rapidly rising regional profile for the City and the Katy business sector. “The West Ten Business Park is well on its way to becoming one of the most important business districts in Katy and the Greater Houston area,” noted Mayor Elder. “We enthusiastically welcome and await Igloo’s expansion and the new jobs it will bring to the City of Katy.”
This is the second project this year to locate at the West Ten Business Park. John S. Moody of Parkside Capital noted how Igloo’s new facility will provide a whole new significance to West 10. “We are very happy to welcome Igloo into the West Ten Business Park. They will join Medline Industries as the first users in our master-planned, 365-acre business park,” Moody said. “This is the largest master-planned, deed-restricted business park on I-10 west since Park 10 was developed over 40 years ago.”
About the Katy Area EDC
Founded in 2003, the Katy Area EDC’s mission is to establish the Katy area as the premiere location for families and businesses through planned economic growth and economic development. Since its inception, the Katy Area EDC has grown to 150 members and assisted in the creation of 10,000 jobs and more than $1.3 billion in capital investment.
About Parkside Capital
Parkside Capital, LLC, the general partner of Parkside Capital Land Fund, sources land investment opportunities in Houston, Texas, as well as Austin, San Antonio, and Dallas, Texas.