Associa'on

of Commercial Real Estate Professionals

The Energy Corridor Presenta'on

Clark Mar(nson, AICP, AIA Assoc., LCI General Manager

AGENDA

Regional Signicance
Energy Corridor Land Use and Demographics
Energy Corridor Growth
Energy Corridor Land Deals
Energy Corridor Trafc Solutions
West Houston Community Vision
ACRP discussion on what's going on

Regional Signicance
TheWoodlands

FM 1960
IAH
Greenspoint
The Energy Corridor
Brookhollow
Uptown
CBD
Hobby
Sugar Land
Clear Lake

Source: Houston Tomorrow

Energy Corridor 30 Minute Commute

Source: CDS Market Research

Energy Corridor Land Use and Demographics

1978 1984 Built 13 million sf ofce

2001 Energy Corridor District created
2006 2010 - Built 5.3 million sf ofce

Energy Corridor Business

Third largest employment center

More than 77,000 employees
More than 300 international energy and energy services companies

Energy Corridor Top Employers

Wood Group/Mustang Eng. 8,500

BP America 7,400
ConocoPhillips 3,500
Shell Oil Co. Woodcreek 3,000
Sysco Corporation 1,800

More than 3,500 Hotel Rooms

Omni Westside Hotel 400

Crowne Plaza Houston West 349
Embassy Suites Energy Corridor 290
Marriott Park 10 206
Hilton Garden Inn 190
Courtyard by Marriott - 176

The Energy Corridor A High Quality Place

Live, work and play here

Affordable and convenient housing
More than 50-miles of trails
Over 26,000 acres of parks
Quality Schools

2010 Popula'on 177,626

Male 87,347
Female 90,279
Avg. age 35 years old
Avg. household income - $89,694
70% married households
40% household with children

Well Educated Residents

7% Associates degree
31% Bachelors degree
10% Masters degree

Texas Medical Center West Campus

The Methodist Hospital

Texas Childrens Hospital
Over 1.1 million square feet
Valued at more than $500,000,000
170 acre campus, Phase II underway

The Energy Corridor

2012 Oce Market

2012 Existing Ofce Buildings by Class
in Millions of Square Feet

18.9
0.6
Class C
4.1
Class B
Class A

14.2

75% of existing Ofce square footage is Class A









Over 3 million square feet is under construction or proposed

2012 Ofce Buildings

in Millions of Square Feet

22.1

3.1
0.2

Planned

18.9

Under Construction
Existing

2012

2012

Energy Corridor Commercial

Building Area from Parcel Land Use Analysis in Millions of Square Feet
33.6

20.3

2.6

2.4

2.9

3.5

Office/Mixed Use

Industrial/ Warehouse

Retail

2012

2030

Energy Corridor Residen'al

Number of Units from Parcel Land Use Analysis
11,278

6,986

986

1,186

1,834

1,808

Multifamily Condo/ Apts

Single Family, Attached

Single Family, Detached

2012

2030

Energy Corridor People

Population and Employment from Parcel Land Use Analysis
128,669

78,206

21,025

25,441

Population

Employment

2012

2030

2011 Land Use

2030 Land Use

Key Findings

2010 Census population was 17,841

The current population estimate is 21,000
Projected to grow to 25,000 by 2030
Housing currently proposed and under construction could add 1,100 residents to the population
Employment is estimated at 78,000
Projected to grow to 128,000 by 2030
Ofce and Retail currently under construction and proposed could add 11,250 employees

Key Findings

Hotels: 25 in Corridor, 3,692 rooms

Ofce and mixed use space is expected to add 13.3 million SF by 2030 (65.8% growth)
Adding 44,500 employees
Retail and Industrial/Warehouse combined are expected to grow by 400,000 SF
Adding 1,000 employees by 2030

Energy Corridor Growth (2001 2010)

51% increase in population

64% increase in housing units
2015 population forecast 195,009

27 New Oce Buildings added over 5 Years

2009 - 13 ofce buildings

3.1 million square feet

2006-2008 - 14 ofce buildings

2.2 million square feet

30 Million Square Feet Oce by 2035

TMC West
Park 10
State Hwy 6
IH 10 Corridor

Memorial Drive
Eldridge Parkway
Enclave Parkway
Ashford Place
Woodbranch

Recent Energy Corridor Land Deals

Park Row Extension

Skanska
Trammell Crow

Park Row Extension 130 acres

Bernstein Perwien Companies

H. Wayne Martin
Mecom Trust
Vinchar
Wolff Companies

Skanska (Old Arco Building)

21.66 acre site

250,000 (Ofce Tower 1)
250,000 (Ofce Tower 2)
250,000 (Ofce Tower 3)

Trammell Crow

Energy Centers 3, 4 and 5

546,000 square feet (tower one)

7 Million Square Feet New Development

1.2 million sf under construction

1.1 million sf to start in 2012-2013
2.2 million sf planned

Top Golf Entertainment

Behind Sams Warehouse

$15 million project
Date-Night alternative
Dinner, bar and golf
Memorial Brook and IH 10

BP Communica'ons Center

104,000 square feet

Internet hub for BP worldwide
Under construction

Shell Oil E&P 3 and 4

336,000 square feet (3)

336,000 square feet (4)
Along IH 10 frontage road east of Dairy Ashford
Under construction

Energy Crossing Two

Lincoln Properties
240,000 square feet

Eldridge Oaks Two

Transwestern
350,000 square feet
Eldridge at Enclave
On Buffalo Bayou Terry Hershey Park

Energy Tower 3

Mac Haik Properties

Twin to Energy Tower 2
428,000 square feet
Under Construction

Woodbranch 1 and 2

175,000 square feet (Bldg. 1)

200,000 square feet (Bldg. 2)
Stena/PM Realty

Energy Corridor Livable Centers Study

Addicks P&R and BP WestLake Commons

400 future hotel rooms

500,000 sf future retail
900 units future multi-family
2.7 million sf future ofce

*On an interstate highway the minimum clearance is 19 feet. This would also work for the light rail vehicles as the current METRO red line requires 17 feet. Commuter rail requires 262 as shown in the diagram, however the clearance of Highway 6 over I 10 is only 172. If the bridge was lowered to a 192 clearance then the approach ramps could be 1752 shorter, however both Big Room Road and Berstein Perwien Street underpasses would have to be further lowered. The steel beams would be approximately 5 feet thick. For the ramps, 4% grades would be the maximum.

The Bridge to WestLake Commons

Tenant space within bridge 262* 192

Elevation

I 10 Eastbound

I 10 Westbound

Park and Ride

302 122 242 122 302

Plaza

Plan

Existing Managed Lanes, Potential Rail Location

~ 5752 @ 4% slope

Berstein Perwien Street

8Big Room> Road

Feeder

Feeder

~ 5752 @ 4% slope

Energy Corridor livable Centers

Livable Center Massing Study

Energy Corridor Trac Solu'ons

IH 10 Reconstruc'on Project 2005 - 2008

IH 10 Trac Signal Improvements 2012

Energy Corridor Commu'ng Op'ons

Telework 4% Walk 1% Carpool 10% Transit 3% Bike 2%

SOV 80%

Source: Urban Trans

Car Share Coming in 2013

Shared-ride to work Car Share for errands

Reserve

Access

Drive

Bicycle Friendly District

Education Bike to Work

Trails and sidewalks
Pedestrian amenities
Bicyclist amenities

 Future IH10 Pedestrian Enhancements

75 Eldridge Crosstown Bus Route

Eldridge Parkway Improvements - 2012

 Grisby Square Streetscape - 2013

West Houston Community Vision

West Houston Transit Concept

West Houston Trails Master Plan

West Houston Regional Parks

Bear Creek Park

Cullen Park
Bush Park
Terry Hershey Park

The Energy Corridor Trail Network

Terry Hershey Park Trail (11)
Barker Dam Trail (4.5)
Bush Park Shared-Use Trail (7)
BP/ExxonMobil Pathway (1)
West Houston Trail (2)
Terry Hershey Extension (2.5)
Addicks Dam Trail (2.25)
Cullen Park Trail (4)
Cullen Park Trail Extension (2)
Adjoining MUDs (14-miles)

What else is going on that you know of?

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14701 St. Mary's Lane, Suite 290

Houston, Texas 77079
Phone: (281) 759-3800