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As more tenants are secured, construction continues on the new 4,000-acre master-planned enterprise development Generation Park, which is located along Beltway 8 near Lake Houston.

Since 2014 a number of big-box tenants have secured acreage at the future 37 million-square-foot mixed-use site from park developer McCord Development, including FMC Technologies, the Lone Star College System and Stolt-Nielsen Limited.

In 2012, construction began on infrastructure for Generation Park, which is expected to offer zones for office, retail, industrial and multifamily space at build-out in the coming years, said John Flournoy, McCord Development sales and leasing vice president, at an Aug. 19 North Houston Association luncheon.

“It’s a master-planned enterprise park, and we’re bringing in businesses to the area,” Flournoy said. “Generation Park is bordered by 2.5 miles of Beltway 8 frontage. What we’ve seen happen is that there’s commercial businesses, retailers and homebuilders coming into the market.”

Park tenants, amenities


In early 2016, about 2,000 employees will move into the 70-acre Phase 1 portion of the new FMC Technologies campus under construction at Generation Park, Flournoy said. The global technology company purchased 173 acres from McCord Development in late 2012 to consolidate its 10 Houston facilities and corporate headquarters into a single campus at the park.

In July, the Lone Star College System secured 8.3 acres at the park for a new 50,000-square-foot Process Technology Center to train the downstream oil and gas industry workforce, Flournoy said.

Another higher education system—San Jacinto College—acquired 57 acres at the park in May for future development, Flournoy said. Other tenants at the park include a new 6-acre site for Stolt-Nielsen Limited—a global provider of bulk-liquid transportation, storage and distribution services—as well as a potential Transwestern multitenant office building, he said.
“It’s a master-planned enterprise park, and we’re bringing in businesses to the area. Generation Park is bordered by 2.5 miles of Beltway 8 frontage. What we’ve seen happen is that there’s commercial businesses, retailers and homebuilders coming into the market.”

—John Flournoy, McCord Development sales and leasing vice president

As part of Generation Park, a 52-acre corporate lifestyle district called the S.PA, or Subsea Lane Pedestrian Advantage, will offer more than 2 million square feet of Class A office space, including restaurants, retail shops and entertainment as well as hotels, Flournoy said. The pedestrian-friendly district is designed with a full slate of amenities to attract a variety of companies to the park, he said.

“We’ll bring practical amenities that employees would need throughout the day, such as child care, health care and fitness,” Flournoy said. “Activity in the S.PA is incredible right now. We are finalizing a joint venture on two hotels most likely Courtyard Marriott and Marriott Residence Inn.”

In early 2017, McCord Development will also relocate its corporate office to Generation Park. McCord Development continues to market the park to potential tenants for variety of tenant uses on parcels ranging from 5 to 500 acres, Flournoy said.

Infrastructure improvements


A number of infrastructure improvements are underway to increase mobility to the park, including a widening of major thoroughfares Lockwood Road and North Lake Houston Parkway.

“When we sell sites at Generation Park, it’s our responsibility to deliver infrastructure,” Flournoy said. “We arguably have the best infrastructure in the region. We are delivering all of our power underground, and everything will be regionally contained.”

The park will also feature a 19-acre lake with a boardwalk, 0.75-mile biking and walking trail, widened sidewalks and a 55-acre off-site detention basin. The park is also bordered by 5,000 acres of nearby green space.

To meet existing demand, area data projections indicate more than 15 million square feet of office space and more than 27 million square feet of industrial space are needed in northeast Houston, Flournoy said. Generation Park will help fill the void of office and industrial space in the region, he said.

In addition, there are several new subdivisions with 13,000 homes under construction on more than 3,200 acres within a few miles of Generation Park, Flournoy said.

“We are pretty excited to be the second-largest land owners in Harris County and sitting on this large piece of property in Lake Houston,” Flournoy said.

For more information and land use maps on Generation Park, visit www.generationpark.com.