Noteworthy construction is underway on both edges of the Lake Houston area.
On the north end of Lake Houston, another major distribution center may join the recently completed Lowe’s Distribution Center at East Montgomery County Improvement District’s (EMCID) Industrial Park in New Caney.
And, on the far south end of Lake Houston, McCord Development has announced construction will soon begin on an event space in Generation Park, their 4,200-acre commercial and residential development.
First, in East Montgomery County, the new Lowe’s Distribution Center is now Montgomery County’s largest industrial building, checking in at 1.5 million square feet, according to Frank McCrady, president and CEO of the East Montgomery County Improvement District.
“It is hard to see from one end of the building to the other,” McCrady told virtual viewers at Partnership Lake Houston’s Kingwood BizCom Dec. 2. “They have already hired 75 employees and are in the process of hiring up to 200.”
EMCID is negotiating with another company, McCrady revealed, “for another 900,000 square feet. That company will be disclosed in the future and is another large warehouse industrial project looking to move to our industrial park.”
McCrady says the needs of major company supply chains have created opportunities for East Montgomery as companies look to reset their supply chains.
“A tremendous amount of development is what we have experienced lately, and we see that not going away until 2023,” he said.
McCrady recited a long list of well-known retail and restaurant businesses which are moving to Valley Ranch including Target and Home Goods which will be anchored next to the existing Academy location.
Dave’s Hot Chicken, Jersey Mike’s, Mister Car Wash, and Grab ‘n Go Tacos will locate to Valley Ranch.
McCrady briefly mentioned Valley Ranch’s commerce district found on the southern side of the Grand Parkway and Highway 59.
“These will be tall, vertical corporate relocations for businesses we have been engaged with to be built in the next few years,” he said. “We see some opportunities for relocations and entertainment venues to be placed there. That is where you have probably seen a lot of the dirt and fill that has been moved around to get it ready for development.”
At Generation Park, the 4,200-acre commercial and residential development just south of Beltway 8, McCord Development previewed plans to build the Long House, an 8,000-square-foot event hall for banquets, quinceaneras, business functions and the like.
“We will be able to host all of those and more right at the hall which will be next to the Courtyard by Marriott,” said Ian Adler, McCord’s director of marketing. “And near the event hall will be a wine and cocktail bar.”