HOUSTON—The recent acquisition of HMS 850, in what is arguably the most desirable location in the ship channel, fills some of the need for barge fleeting and deep water terminal space.
By Lisa Brown |
Updated on October 26, 2016
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The proximity to the battleground historic site will ensure the land is never developed.
HOUSTON—According to a representative from theUS Army Corp of Engineers, barge fleeting space is at a premium and potential sites are extremely limited in the ship channel. HMS 850 is a 41.7 acre site at the entrance of the Houston Ship Channel located in southeast Houston, near both Barbours Cut and Bayport container terminals. It has direct access to IH-10 and Independence Parkway, directly across from theSan Jacinto Battleground State Historic Site.
A commercial real estate development, construction and investment firm,AVERA Companies, has acquired HMS 850 with existing permits in place for four distinct lease areas. Those areas are barge terminal and fleeting area, dredge material placement area, potential reclaimed land, and a future fuel and deep water terminal distribution facility.
“The proximity of HMS 850 to the 1,200-acre San Jacinto Battleground State Historic Site is of major importance, as it will ensure that the neighboring land is never developed, entirely eliminating the possibility of future congestion in the immediate area,”Trey Odom, president and CEO at Avera, tells GlobeSt.com.
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