Burton Construction, a leader in Houston’s commercial construction industry, has started work on Lockwood Business Park, 13300 Lockwood Drive, a flex industrial/office complex set on 25 acres fronting Lockwood Road in the thriving northeast Harris County area.
“The rapid growth of Northeast Harris County and developments like Generation Park are making the area an appealing new destination for families and organizations,” said Juan Ospina, Vice President of Burton Construction.” Lockwood Business Park will provide valuable industrial and office space for the growing Lake Houston economy.”
The Lockwood Business Park is part of the master planned commercial development, Generation Park, owned by McCord Development. The park sits opposite TechnipFMC’s new campus, with multiple entrances and exits on four-lane Lockwood Drive. It is part of a Foreign Trade Zone created by Harris County that allows businesses to save up to 100 percent on duty and 65 percent on inventory tax for qualified goods. Construction is scheduled to be completed in early 2018.
“We have developed a great relationship with Burton Construction over the years,” said John Flournoy, Vice President of Sales and Leasing at McCord Development, Inc. “We appreciate their commitment to growing relationships and their passion for our project.”
Meeting Demand in a Fast-Growth Area
The Lockwood Business Park is being developed in the right place at the right time to meet the needs of a growing community. Fitting with its long-standing reputation for wooded beauty, excellent location and top-notch schools, northeast Harris County is experiencing an upsurge in growth that has earned the area’s 77044 zip code the title of “fastest growing” zip code in Harris County.
Spurred by the completion of Sam Houston Tollway and the US 99/Grand Parkway’s Interstate 45-to-US 59 segment, much of the new development in the northeast is taking shape in and around the Lake Houston community. Demographic studies indicate that more than 40,000 new residents will move to the Lake Houston area by 2025.
Generation Park’s Appeal
Generation Park brings an element of urban living to the suburbs and offers a synergistic feel that younger generations seek. The office, industrial, education and commercial components of this emerging development complement surrounding residential communities and attract residents and families who want to work near where they live.
In the 4,000-acre Generation Park enterprise, more than 2 million square feet of Class A office space is planned, and 52 acres have been set aside for parks, restaurants, bars and shops.
In addition, Lone Star College and San Jacinto College are working on tailored curriculum so that business and industry located in Lockwood Business Park and the surrounding area can benefit from specific training programs for employees and create a qualified base of new hires.