Lake Houston - Humble - Kingwood Edition | June 2023

DEVELOPMENT Businesses flock to east Montgomery County’s growing industrial park in New Caney

BY HANNAH BROL

will include a new 190,000-square- foot warehouse facility, additional packaging capabilities to be operational within two years and a new conversion facility to be operational within three years. McCrady noted GCP Paper USA Inc.’s packaging operations take place in Houston, while its existing conversion facility is in Mexico. The agreement with GCP Paper USA Inc., is just one of several notable businesses, McCrady said have recently joined the EMCID Industrial Park. In February, Titan Environmental—a company that supplies, installs and manufactures geosynthetics and engineering construction projects—opened in a 40,800-square-foot building within the park. On April 4, MultiSeal—which manufactures tire sealants for industrial, agriculture and o›-road vehicles—opened in a 42,000-square- foot building. Shortly after, Elevation Land Solutions, a rm that provides land development resources, opened in mid-April as part of a 30,000-square-foot oce building. “The park provides jobs for nearly 2,000 people and has an ad valorem value in the county of about $300 million,” McCrady said. McCrady also noted retail is planned along Gene Campbell Boulevard. “Currently under construction are a Mexican food restaurant, a day care facility and a convenience store,” he said. Room to grow More than 20 years after the EMCID began work on its Industrial Park,

A BOOMING BUSINESS PARK Frank McCrady, president and CEO of the East Montgomery County Improvement District, listed the following businesses as notable recent additions to the EMCID Industrial Park.

In March, ocials with the East Montgomery County Improvement District announced an agreement with private-label tissue product producer GCP Paper USA Inc., which EMCID President and CEO Frank McCrady said will greatly bene t the New Caney community. “This project will create over 200 additional jobs for our local community, and it will be one of the highest ad valorem-value projects to ever come,” McCrady said. “This exciting project will result in an additional $200 million investment and an increase in revenues for Lone Star College, local schools, [Emergency Services District] No. 7, law enforcement and other entities, which rely on higher taxable values within their boundaries.”

3 MultiSeal (opened April 4) 4 Titan Environmental (opened in February)

1 Elevation Land Solutions (opened in mid-April) 2 GCP Paper USA Inc. (agreement announced in March; coming soon)

EMCID Industrial Park Drainage and detention

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THE PARK PROVIDES JOBS FOR NEARLY 2,000 PEOPLE AND HAS AN AD VALOREM VALUE IN THE COUNTY OF ABOUT

SOURCE: EAST MONTGOMERY COUNTY IMPROVEMENT DISTRICT‰COMMUNITY IMPACT

McCrady said the development is far from being completed. Development on the industrial park began when the Walmart Distribution Center opened in 2002, McCrady said. While the company originally said it needed 200 acres for the project, it ended up requiring only 135 acres. With the remaining 65 acres, work began on the park. “The industrial park is currently about 800 acres, but it will never be ‘completed,’” he said. “As we sell land to businesses to build on, we buy more as demand permits.” McCrady noted about half of the park’s tenants are energy-based

companies, while the other half are made up of food and beverage, transportation-related, distribution, furniture, and engineering services. While supply chain issues have a›ected development nationwide, McCrady said the ongoing challenge has also shed light on Texas’ pro- business climate. “Texas was lucky to remain open [during the pandemic], and companies noticed,” McCrady said. “Now, domestic and international companies are seeking out land or buildings to move their products and services here and to places like our industrial park.”

$300 MILLION. FRANK MCCRADY, EAST MONTGOMERY COUNTY IMPROVEMENT DISTRICT PRESIDENT AND CEO

As part of the agreement, McCrady said GCP Paper USA Inc. purchased 32 acres within the EMCID Industrial Park for a $200 million expansion project. The three-phase expansion

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LAKE HOUSTON  HUMBLE  KINGWOOD EDITION • JUNE 2023

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