Construction Today - May 2017 - 49
250 Assay Street office building will include
McCord and other corporate headquarters as
well as multiple restaurants.
workplace amenities," McCord Development says. "This state-of-theart campus is a great example of what's possible when the developer
and client work together to create a place where employees thrive
and a company can grow." Houston-based D.E. Harvey Builders is the
The TechnipFMC campus is the first of several commercial and
educational buildings now under construction or development at
Generation Park. More than $1 billion worth of development has
been completed in and around Generation Park. A total 40 million
square feet will be developed in Generation Park. Other projects now
under construction include Lone Star College's 40,000-square-foot
Process Technology Center. The center will offer high-tech training
programs for workers in the rapidly growing petrochemical, plastics,
food and beverage, and pharmaceuticals industries.
This will be the first of two education-related developments at
Generation Park. San Jacinto College plans to break ground next year
on a 57-acre campus site located next to the TechnipFMC campus.
Redemption Square, a 52-acre mixed-use district, is also under
construction. The district's first building is at 250 Assay Street and
will house the corporate headquarters of Apache Industrial Services,
McCord Development and multiple ground floor restaurants.
Stolt-Nielsen, a leading transportation company serving the
chemical industry, is building a new North American headquarters
on six acres of land in Redemption Square. Westlake Marketplace, a
555,000-square-foot retail area anchored by a Kroger supermarket;
and West Lake Village, a 32,000-square-foot retail area, both adjacent
to Generation Park, are both mostly complete.
"We are literally building an employment district from scratch,"
Ryan McCord says. "This part of the city has the least amount of office
space and industrial space on a per-capita basis and the fourth-least
amount of retail space vs. other trade areas in Houston."
The location near several residential neighborhoods, including
Summerwood, makes it highly desirable for office and retail use.
More than 390,000 people live in the Lake Houston area, McCord
notes. "Many key business leaders live in close proximity to Generation Park, and that's where we're seeing success," he adds.
'Building From Scratch'
McCord Development expects to break ground on an additional $100
million worth of construction this year, including industrial, retail,
office, and luxury multifamily uses. In addition, 2017 will likely see
the company closing a deal in the healthcare sector.
Generation Park is filling the need for an economic center in
Lake Houston. The development will be the newest, and potentially
largest, master-planned concentrated employment district in the
Houston region, Ryan McCord says.
MAY 2017 CONSTRUCTION-TODAY.COM