HOUSTON—Several high-profile construction projects are underway in the Energy Corridor. These projects include the completion of the Members Choice Credit Union, the topping out of MD Anderson's new diagnostic and outpatient treatment center, and the renovation of 16001 Park Ten Place.
The new Members Choice Credit Union headquarters is located at Barker Cypress and the Katy Freeway. Construction began on the new offices in August 2016. Members Choice will lease out 32,000 square feet of class-A office space and offer two community rooms for group meetings. The Houston-based institution since 1941 recently moved into the new corporate headquarters building across Interstate 10 from Wolff Companies' Ten Oaks.
“With construction completed on the four-story 80,000-square-foot building, IT and furniture are just finished being installed,” Carolyn Wolff, executive vice president of Wolff Companies, tells GlobeSt.com. “Employees began occupying their space at the end of November and the new building opened to customers this week.”
Construction is well underway on The University of Texas MD Anderson Cancer Center's new $169 million 260,000-square-foot outpatient diagnostic and treatment center in Central Park, a Wolff Companies development. After topping out the structure in August, construction began on the building's facade.
Opening in 2018, the new facility is 50% larger than originally planned due to population growth in the market and increased patient volume projections. This is MD Anderson's first freestanding clinical building outside of the Texas Medical Center, a strategic move to bring care closer to patients.
The 16001 Park Ten Place building, located in Wolff Companies' Park Ten, is set to receive a multi-million dollar refurbishment. An investment group affiliated with Gearing Capital Partners of Dallas acquired the 137,000-square-foot office building, which was formerly occupied by Wood Group Mustang. Stream Realty Partners, which handled the sale, will manage the property.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
