Houston Grand Parkway Development Opportunities
99 Grand Pkwy, New Caney, TX, 77357, US
1,700 acres
JLL, as exclusive advisor to The University of Texas System, is pleased to offer, in all or part, the opportunity to acquire a ±215-acre urban infill, development site on Buffalo Speedway, just south of the I-610 Loop and the Texas Medical Center in Houston, Texas.
• Located approximately 1/3 mile from both the IH-610 Loop and US 90 (Main Street) providing excellent ingress/egress
• Bisected by Buffalo Speedway, one of Houston’s premier north/south infill thoroughfares
• Quick access to mass transit as the Property is positioned only one mile west of Houston’s METRORail Line Station
• At ± 215 acres, it is the largest development site in infill Houston and one of the largest sites in a central location in any major metro in the United States
• Located just three miles south of the Texas Medical Center, the world’s largest and fastest growing medical center
• Close proximity to NRG Stadium (home of the Houston Texans) and the rest of NRG Park
• Surrounded by new multifamily, medical, and high-density single-family developments
• Located in Harris County Improvement District #12, which not only allows for the reimbursement of certain development costs, but also provides reimbursement for recreational and parking facilities
• Pro-development regulatory and local environment with numerous incentives available
• Houston is projected to add 1.2 million new residents by 2030