COMMERCIAL SITE AT GENERATION PARK 77.9 Acre Site on Lockwood Road
Generation Park Location Map Close Proximity to Major Destinations & Transportation Corridors Generation Park Features 4,000-acre master-planned and deed restricted commercial development Home of Houston s largest and most tax advantaged Foreign Trade Zone Utilities included / Infrastructure ready 2.5 miles of Beltway 8 frontage 10 minutes to IAH & the Port 15 minutes or less to I-45, I-10 & HWY 59 Robust labor pool surrounding the Park Additional land available for expansion Home of FMC Technologies recent 173-acre land purchase Sites available for sale or build-to-suit Energized. Sophisticated. Houston, TX CBD Beltway 8 4,000 contiguous acres
Northeast Market Snapshot Rapid Population Growth in the Nation s Strongest Economy Population Density 2035 2005 FMC Technologies, Exxon Mobil, Waste Connections, Anadarko Petroleum plus other large corporations have signaled confidence in Houston, especially near Generation Park. With over TWO MILLION RESIDENTS living within 20 miles, and multiple new residential developments underway, Generation Park is situated in one of the fastest growing areas in Houston. Source: Houston - Galveston Area Council Generation Park is surrounded by 3,200 acres in the hands of major home builders. This equates to an estimated 11,000 new homes within 5 minutes of Generation Park. In the competitive arena for talent, Generation Park wins hands down. Generation Park is the best place to build a corporate presence in Houston.
Generation Park Master Plan Outstanding Attributes of a Best-in-Class Business Park Generation Park is ideally located on the northeast corner of Beltway 8/Sam Houston Tollway. A first-class 4,000-acre master-planned community that is over one-quarter the size of Manhattan. Parcels available in the largest and most tax advantaged Foreign Trade Zone (FTZ) in Harris County. Over 42 miles of frontage on major thoroughfares within Generation Park. MUDs formed; water, electric, and sewer will be brought to the site. No on-site detention requirement No 100 year flood plain. 2.5 miles of frontage on Beltway 8/Sam Houston Tollway.
Site Fact Sheet 77.9 Acres Water + Power + Sewer + No Detention = Easy Development FACT SHEET Utilities included and delivered 12 months from closing Across the street from FMC Technologies 173-acre site No on-site detention (On-site detention typically equates to 20% of a site) Site available for sale or build to suit FTZ available Lockwood Road to be expanded to a four lane, divided thoroughfare Outside 100 year flood plain 15 Min or less to I-10, I-45 and HWY 59 10 Min or less to Port of Houston and Intercontinental Airport MUD 402 in-place with existing water & sewer plant Underground electrical / Robust and redundant power from King Substation Ample water capacity for industrial and commercial use Exiting Center Point Substation Excess Capacity Redundant Energy Supply & Dual Feed Existing & Operational Water Plant Existing Sewer Plant Regional Detention No On-site Detention Required Multiple Fiber Optic Providers @ BW8
Site Access Map Multiple Points of Access to Beltway 8 & Main Thoroughfares Truck Access Car Access Diamond Intersection Underpass Intersection Initial Access Future Access NOTE: Lockwood Rd., W. Lake Houston Pkwy., and N. Lake Houston Pkwy. are being expanded to four (4) lane divided major thoroughfares
Site Attributes Corridor District Parcel Attributes Site Area: 77.9 acres Price: Call Located in Harris County s largest and most tax advantaged Foreign Trade Zone (FTZ). FTZs are zones administered by U.S. Customs where foreign and domestic inventory is considered outside the United States for purposes of duty payment. Additionally, foreign and domestic inventory in the zone for exportation are exempt from certain state and local ad valorem taxes resulting in huge, perpetual inventory tax savings Next door to FMC Technologies 173-acre site Lockwood Road, West Lake Houston Parkway and North Lake Houston Parkway are being expanded to four lane divided thoroughfares for optimal industrial circulation Highly skilled labor force in the surrounding communities Bordered by 5,000 acres of preserved parkland that will never be developed Minutes from a thriving mixed-use submarket including banks, schools, medical centers, restaurants and supermarkets Infrastructure & Power Water, electric and sewer will be delivered to the site boundary at the developer's cost 12-14 months from closing MUD is formed with water and sewer plant in-place No on-site detention required Multiple fiber optic vendors available Outside 500-year flood plain Entitlements in place Development Process Site development can start immediately Straightforward architectural approval process Deed restrictions to protect overall value and ensure high project standards Hassle free closing process enabled by Generation Park's local owner and developer, McCord Development, Inc. Access Multiple points of ingress and egress to/from Beltway 8 via Lockwood Road, West Lake Houston Parkway and North Lake Houston Parkway. All will be four lane divided major thoroughfares 10 minutes to IAH & the Port of Houston 15 minutes or less to I-10, I-45 and Hwy 59 20 minutes to Houston's Central Business District Surrounded by over 50 miles of trails and bikeways connected to pristine parks and flourishing neighborhoods
McCord Development A Track Record of Success McCord s Competitive Edge 40-year old Houston-based diversified real estate company with an extensive track record of successful development and investment across the United States Developed & acquired more than $2B of successful projects; 4 million square feet of industrial & commercial, 6,700 multifamily units, and 5,600 acres of land Sole owner of Generation Park committed to the development as a legacy project