DEER PARK, TX--Clay Development & Construction Inc. has purchased 79.57 acres on Borusan Road and FM 1405 in the Cedar Port Industrial Park in Baytown to develop Cedar Port Distribution Park. The seller was TGS Cedar Port Partners LP.

Clay Development & Construction will build a total of 1.5 million square feet in three rail-served, dock-high distribution facilities on the site. Construction on the first building, Cedar Port Distribution, Phase I at 4830 Borusan Road, will begin in January 2016. Completion is scheduled for August 2016.

"The economic drivers in this market are the low price of natural gas, steady growth in the petrochemical and plastics industries, and the demand for newly built, rail-served, accessible distribution space near the Ship Channel," says Robert Clay, president of Clay Development & Construction. "With the recent Panama Canal and Port of Houston expansions, both global and national companies are looking for large warehouse/distribution space in this market. The Borusan Road location offers both rail and public barge dock access in addition to immediate access to the Highway 99, Highway 146, Interstate 10 and the port."