Skanska USA Commercial Development has acquired 14 acres of land in northern Houston and will build a master-planned class A commercial office development which will total up to one million square feet.
Located on Springwoods Village Parkway adjacent to the new ExxonMobil corporate campus and accessible to Interstate 45, Hardy Toll Road and the future Grand Parkway, the site is well-situated. The site can accommodate a single tenant seeking a build-to-suit corporate campus or a three-building office complex with multiple tenants.
"With the growing demand for high quality office space in North Houston, we look forward to delivering a class A, highly sustainable office complex in this dynamic area,” says Michael Mair, executive vice president and regional manager of Skanska. "Whether we develop the parcel for a single tenant or as a complex shared by multiple tenants will depend on marketplace demand."
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Mair says that an additional benefit of the site is favorable height restrictions that allow for unobstructed views of the surrounding area as well as high visibility for tenants.
Additional developments by Skanska USA Commercial Development in Houston include West Memorial Place, a two-phase 700,000-square-foot office campus in Houston's Energy Corridor; a completed class A, 302,000-square-foot office building at 3009 Post Oak Blvd.; and Capitol Tower, a 750,000-square-foot, class A commercial office tower planned for 800 Capitol St. in downtown Houston.
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