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Grand Parkway opening fuels growth in North HoustonGrand Parkway opening fuels growth in North Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=52342014-01-31T18:47:00Z2014-01-16T00:00:00Z

HOUSTON - A 15.2-mile section of the Grand Parkway opened at the end of the year to connect I-10 and Hwy. 290 on the prairie west of Houston.

In addition, a 37-mile extension of the Grand Parkway is under construction on the north side of the city. The road will run close to the new ExxonMobil campus where 10,000 people will be employed by the energy giant.

“The Grand Parkway expansion is a game changer for Houston development,” said Woody Mann, President of Vista Equities Group. The Grand Parkway will someday circle Houston and increase mobility for business and residents fueling growth in North/Northwest Houston.

The Grand Parkway improvements, coupled with the ExxonMobil campus, scheduled to deliver in 2015, has raised the potential even higher for the northern suburbs, including The Woodlands.

The North and Northwest industrial submarkets were the two strongest in the city in 2013 absorbing half of the 5.8 million sf of demand last year, notes CBRE.

Read more at GlobeSt.com.

GlobeSt.com
Houston-The Woodlands-Sugar Land
Infrastructure & Transportation
http://www.globest.com/news/12_776/houston/industrial/the-game-changer-grand-parkway-fuels-growth-in-north-houston-341784.htmlRead more at {Source}

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