Industrial demand
The northwest Houston area, including west of Hwy. 249 in Tomball, saw industrial vacancy decline throughout 2021.
increased noise pollution from the highways and could increase ooding. Residents also shared concerns about additional tra c along the two- lane Boudreaux Road. “My main concern … is that Bou- dreaux Road really needed to be wid- ened to a four-lane road before that work began,” Hayden Lakes resident Tawnya Hopkins said in an email. “Boudreaux Road is already danger- ous with accidents happening all the time. There are too many subdivi- sions on this road now for the amount of tra c.” The most recent data available from the Texas Department of Transporta- tion shows annual average daily traf- c counts on Boudreaux Road east of Shaw Road nearly doubled from 5,290 vehicles in 2011 to 9,939 in 2016. According to Harris County Pre- cinct 4’s Infrastructure Division, Bou- dreaux Road will be upgraded to four lanes with a raised median between Rocky and Telge roads. The county is pursuing a partnership with a devel- oper to build the approximately $6 million segment between Shaw and Rocky roads, likely beginning in 2023. “We’re in discussion with the county now about potentially speed- ing that project up to enable it to be completed while we’re building out our property,” Meyer said in an interview. The widening between Shaw and Telge roads would likely begin in mid- 2024, according to Precinct 4. “Nothing about this [park] feels good for the local residents,” Wild- wood at Oakcrest resident Ashley Moore wrote in a Facebook response to Community Impact Newspaper. Chandler France contributed to this report.
INDUSTRIAL VACANCY RATE IN NORTHWEST HOUSTON AREA Despite more than 6 MILLION SQUARE FEET of industrial space under construction in the fourth quarter, 7.5%
9.7%
9.4%
8.9% 8.7% 9%
38%
8%
7.1%
the northwest area has seen industrial vacancy decline to approximately prepandemic levels.
6.7% 6.7%
of all industrial space under construction in the Greater Houston area as of the fourth quarter of 2021 was concentrated in the northwest Houston area. SOURCE: NAI PARTNERS COMMUNITY IMPACT NEWSPAPER
Land was cleared in March for the 240-acre industrial park near the Grand Parkway.
ANNA LOTZ COMMUNITY IMPACT NEWSPAPER
a project that I think will stand the test of time, and it will be something that is a legacy for our company and something that we will be proud of and I think will be a major economic generator for this part of Houston for years to come,” Meyer said during the While Macy’s is the rst con rmed tenant, city o cials previously said the Interchange 249 project will pro- vide about 1,300 jobs. “This facility, when it opens in just over a year from now … will help Macy’s achieve a goal of becoming a premier digitally led omnichan- nel retailer,” said Stacy Bobbitt, Macy’s’ Houston facility leader, at the groundbreaking. “We are excited to provide new job opportunities to the surrounding area, and, in addition, we anticipate settling ourselves as a groundbreaking. Generating jobs
valuable partner within the city of Tomball.” Meyer said theMacy’s facilitywill be used for store ful llment and returns processing as well as its e-commerce business. Because other tenants for the park are still unknown, he said the number of new jobs generated could be higher than the city’s estimate. “If we get an e-commerce facility, one facility could have 1,000 employ- ees,” he said. “But then sometimes you get more straight distribution type space that has lower employee count, so you’re kind of guessing as to what the ultimate impact will be.” Meyer said the property was attrac- tive for an industrial site because of the availability of workers and trans- portation access. Data from NAI Partners, a com- mercial real estate rm, shows 38% of industrial space under construc- tion in the Greater Houston area
was concentrated in the northwest region—from west of Hwy. 249 to west of Hwy. 290—in the fourth quar- ter of 2021. With the Hwy. 290 and Hwy. 249 corridors built out at Beltway 8, Meyer said he believes the next hot spot is along the Grand Parkway. “We feel like we’re kind of at the epicenter here of where the growth will be occurring,” he said in an inter- view. “This site is relatively untapped … for industrial labor, so that’s another reason why we think it will be very successful.” Tra c woes However, residents said they are concerned with an industrial park so close to neighborhoods. For example, Hayden Lakes resi- dents wrote in Facebook responses to Community Impact Newspaper that removing trees from the site has
For more information, visit communityimpact.com .
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