RYOAK Real Estate Group plans to complete the first building in Old Town Spring Business Park, located at 27335 West Hardy Road, Spring, in late 2018.

The 196,000-square-foot industrial business park will consist of four 49,000-square-foot buildings with a variety of individual suite sizes for office and warehouse space, according to promotional materials from RYOAK. The development company for the project is Giddy Up Development, LLC.

The park will also feature security gates, cameras, 500 parking spaces and will be accessible by semitractor-trailers, according to the materials.

Listing broker Lisa Nickel said the site was chosen in part because of a Harris County road construction project that will realign Riley Fuzzel and Spring Stuebner roads and make the location more accessible, as well as the site's proximity to Grand Parkway, Hardy Toll Road and I-45. The site is not within a floodplain and did not flood during Hurricane Harvey, according to the real estate group.

Editor's note: This story was updated to include the name of the development company.