Square feet to swell Houston Energy CorridorSquare feet to swell Houston Energy Corridorhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=68762013-07-09T09:31:00Z2013-07-08T14:00:00Z

HOUSTON - Findings from a study by CDS Market Research project a vigorous economic future for The Energy Corridor District (ECD) to 2030.

The nearly 21 million sf of office and mixed-use space now in the ECD is expected to swell to 38.4 million sf within 17 years, according to CDS, a marketing research and analysis firm. Three-quarters of the existing space is considered Class A.

Already, 6.5 million sf of office/mixed-use space is under construction or proposed for the District. A good portion of that is slated along what will soon be the extension of Park Row, a road now being completed by the ECD.

Office and retail buildings under construction and proposed could soon bring 22,000 additional employees to the District, now one of the largest workforce centers along the Gulf Coast.

The ECD’s employment base is expected to grow from 84,000 to 147,000 employees by 2030.

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http://www.yourhoustonnews.com/ranch/news/study-projects-million-sq-ft-of-office-mixed-use-space/article_198e812a-e583-11e2-bdba-001a4bcf887a.htmlRead more at {Source}

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