The company plans to start construction ASAP on two, single-story speculative office buildings. Shells will be done in June for the NorthBelt Office Center III and IV, totaling 106,050 sf. Construction will wrap up in January 2002.

Greg Mondshine, Myers & Crow managing director for Houston, tells GlobeSt.com that Myers is the developer on the project and will handle leasing for the finished buildings. The development is funded, he says, by an affiliate of Houston-based Sarafim Realty Advisors, Myers' capital partner for the project.

Myers is touting the building as a new product type for the company. "The difference between these buildings and our other Houston developments is the single-story design," he says. "Our other buildings have been very well received by many major companies, including HCA, TradeMC and Continental Airlines. In leasing those buildings, however, we noticed that many companies have similar technological and open-floor plan requirements, without the need for such large amounts of space."