The Katy Area Economic Development Council (Katy Area EDC) recently announced that Myers, Crow and Saviers, Ltd. will begin construction on the 135,000-square-foot Mason Creek Office Center, located on Merchants Way near Mason Road in Houston’s Energy Corridor, in the third quarter of 2012 with completion set for April 2013. The property is located on 10.8 acres in Mason Creek Corporate Park, a covenant-restricted, master-planned business park owned by Parkside Capital. The two-story office building will feature 67,500-square-foot floorplates, energy-efficient construction and systems, and flexible parking ratios to accommodate high-density office users. The project is applying for LEED certification by the U.S. Green Building Council.
Moody Rambin Interests has been retained to lease and manage the property. “With the construction of the Grand Parkway in Katy from I-10 to Highway 290, the timing is right for this location,” says Mark Saviers, principal at Myers, Crow and Saviers. “Large companies seeking cost-efficient, class A space are moving westward along I-10 to find it and to be closer to where their employees live. The strength of this market is demonstrated by the fact that the Mason Creek Office Center is a speculative development; construction is proceeding without the requirement of tenant pre-leasing.”
“The Mason Creek Office Center is designed to appeal to the most active tenants in the market – energy, engineering, and healthcare companies that have consolidation needs in west Houston/Katy,” says Bob Cromwell, managing director of Moody Rambin Interests. “This property meets or exceeds the power and energy-efficiency requirements for the long-term growth of today’s businesses.”
Katy Area EDC CEO Lance LaCour notes that this will be the first major speculative office building located in the Katy area west of Park Ten. “The EDC assisted with the site selection search and will help with marketing and incentives,” he says. “We are excited about this facility and the business recruiting opportunities it will bring to the Katy area.”
The Mason Creek Office Center is immediately accessible to I-10 and the Grand Parkway. The residential neighborhoods of Katy/Cinco Ranch, and northwest Houston are nearby. The building’s location has the electrical capacity for two 6.5-megawatt circuits to be brought to the building to power call of data center operations. The property also includes backup generator infrastructure, partially covered parking, and two-story atrium entries. The parking ratio of six cars per 1,000 square feet is expandable to approximately 6.5 cars per 1,000 square feet for high-density parking requirements.
Myers, Crow, and Saviers, Ltd. is a real estate development, leasing, and investment firm focusing on the development of office and industrial buildings in Houston, Dallas/Fort Worth, and San Antonio. Established in January 1994, the firm has more than 70 completed or current projects totaling 11,000,000 square feet.
Moody Rambin Interests is Houston’s largest locally owned, full-service commercial real estate brokerage and management firm. Established in 1969, Moody Rambin Interests specializes in providing project leasing, tenant representation, disposition, development, consulting, and management services to owners and tenants throughout the U.S. The firm’s portfolio includes retail, office, and industrial properties.
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