Jan 5, 2016
‘Specs’ on 1.5M-SF rail-served Baytown complex
BAYTOWN - Clay Development & Construction will start building the first of three 500,000-sf buildings in its Cedar Port Distribution Park in January 2016.Clay is jumping back into big-scale speculative development of...
BAYTOWN - Clay Development & Construction will start building the first of three 500,000-sf buildings in its Cedar Port Distribution Park in January 2016.
Clay is jumping back into big-scale speculative development of distribution centers east of Houston, starting with a building the size of nine football fields. And that’s just the beginning.
The Houston-based company has purchased nearly 80 acres on Borusan Rd. and FM 1405 in the Cedar Port Industrial Park from TGS Cedar Port Partners.
It will break ground on a 501,020-sf dock-high warehouse and distribution building at 4830 Borusan in January before landing a tenant.
The initial building could house third-party logistics companies, retailers or plastic pellet processors when finished in August. It is next to major distribution centers for Walmart and Home Depot.
The project, Cedar Port Distribution Park, will total 1.5 million sf in three buildings.
Low prices for natural gas, which is used in making plastics, have fueled a $35 billion boom in petrochemical projects along the Gulf Coast.
That, along with the expansion of the Panama Canal and rising shipments through the Port of Houston, is spurring a need for industrial space.
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