Building Interchange 249 i I erchange 249
249
RENDERING COURTESY LOVETT INDUSTRIAL
Lovett Industrial and its partners are constructing the industrial park in three phases, totaling 10 buildings. Industrial Retail Detention area KEY:
OLD BOUDREAUX LN.
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Tenant confirmed Macy’s will relocate its distribution center from Houston to a 908,853-square-foot building in Interchange 249 and open in mid-2023, bringing more than 100 employees.
Proposed Grand Parkway Town Center
N
The Harris County Toll Road Authority is constructing four direct connectors between the tolled lanes of Hwy. 249 and the south side of the Grand Parkway. The $92 MILLION project is slated to wrap up this summer.
BOUDREAUX RD.
A
AVERAGE DAILY VEHICLES
A
Harris County Precinct 4 is planning to widen Boudreaux Road to four lanes with a raised median between Rocky and Telge roads in two parts. The project is estimated to total $15.4 million and begin in 2023.
+87.88%
5,290 9,939
2011 2016
SOURCES: LOVETT INDUSTRIAL, HARRIS COUNTY TOLL ROAD AUTHORITY, TEXAS DEPARTMENT OF TRANSPORTATION COMMUNITY IMPACT NEWSPAPER
CHRISTOPHER GOODWIN COMMUNITY IMPACT NEWSPAPER
CHRISTOPHER GOODWIN COMMUNITY IMPACT NEWSPAPER
Council’s annexation approval Dec. 6. Tomball City Council rst approved starting negotiations with Lovett Industrial to develop the 240-acre tract Sept. 7, Community Impact News- paper previously reported. Council members also approved implement- ing a tax increment reinvestment zone and a municipal management district over the development, two tools to aid developer costs, on Dec. 6. The management district will have the ability to levy a property taxwithin the district, Assistant City Manager Jessica Rogers said in an interview. Meanwhile, a TIRZ can fund devel- opment with future tax revenue. This means 75% of the property tax reve- nue generated by improving the site will go back into the project for public infrastructure, Rogers said. Once the 30-year lifetime of the TIRZ expires, the city will keep 100% of the tax revenue from the property,
we’re seeing our fair share of growth in the commercial development; and now we’re starting to see a lot of our industrial development happen.” However, residents living outside the city o Boudreaux Road, south of the project, said they believe increased tra c and environmental impacts, such as ooding and noise pollution, outweigh the bene ts the industrial park will bring. “This roadway cannot support this development the way it is, so com- bined with tra c and ooding, it will basically make Boudreaux [Road] potentially unusable at some points and cause even more ooding,” Hayden Lakes resident Sarah Weaver wrote in a Facebook response to Com- munity Impact Newspaper. Annexing the project Interchange 249 is located within the city of Tomball following City
Community Newspaper reported Nov. 29. The city is expected to collect about $10.73 million in prop- erty tax revenue over the 30-year life- time, according to TIRZ documents. While the city is providing water and wastewater services to the prop- erty, the developer is responsible for extending the necessary infrastruc- ture at its own expense. Esquivel said the infrastructure expansion could spur more development at the Hwy. 249 and Grand Parkway intersection. “It would be much [more] feasible for us to continue to extend those type of [utility] services,” he said in an interview. “It does open the door for some of those corridors of develop- ment to be brought into the city.” Impact Meyer said during the ground- breaking ceremony an infrastructure investment of approximately $40 mil- lion is planned. “The city’s going to be left with
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March 9 groundbreaking. The park’s rst phase includes four buildings for light industrial space, one of which spans more than 900,000 square feet for Macy’s, which was under construction as of earlyMarch. Phase 1 is estimated to be completed in the rst quarter of 2023, according to a March 9 release from Lovett Industrial. Community Impact Newspaper pre- viously reported Macy’s will relocate its distribution center from Houston to Tomball, bringing more than 100 employees. Tenants for the other buildings had not been announced as of press time. “The landscape is changing, liter- ally, for Tomball,” City Manager David Esquivel said during the ground- breaking. “We’re seeing exponential growth in residential development;
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