Beltway Crossing NW Breaks Ground
Panattoni is underway with Beltway Crossing Northwest, a 125-acre master-planned project. It’s the firm’s largest industrial initiative in Houston thus far, and they couldn’t find a better spot for it, on N Gessner in the oh-so-popular northwest submarket with access to Beltway 8 and SH 249. Above, Alston Construction’s Radie Stroud, LaSalle Investment Management’s Nicholas Firth and Alex Rosen, Panattoni’s Todd King and David Cheairs, LaSalle’s Sean Meehan, and Alston’s Stephen de Jongh hit the dirt. (Barely. It’s going to take forever if you don’t start taking bigger scoops, guys.)
Phase 1, three buildings totaling 663k SF of spec office, warehouse, and distribution space, will be completed in fall 2014. 80 acres remains for BTS options up to 1M SF and future phases. The park includes both front- and rear-load for cross-dock building opportunities. Panattoni is partnering with LaSalle to develop the site; Alston is design-builder, Three Square Design Group led design, and Kimley-Horn is civil engineer. Cushman & Wakefield’s Stephen Schneidau, Jim Foreman, and Beau Kaleel are handling leasing.
