Clay Development & Construction Launches Northwest 99 Business Park to Meet Growing Demand in Northwest Harris County
Houston-based Clay Development & Construction Inc. has announced the launch of the Northwest 99 Business Park, a 2,300,000-square-foot business complex situated at the confluence of Grand Parkway/SH99 and Mueschke Road in Northwest Harris County. The expansive development covers 172 acres and has begun construction of its initial two speculative buildings - the Northwest 99 Distribution I (425,360 square feet) and the Northwest 99 Spec I (70,000 square feet).
The selection of location for this extensive project is guided by practicality and foresight. "Northwest Harris County's growing, young, working-age population and its 3.25 percent annual income growth make this submarket attractive to industrial businesses, from logistics and last-mile distribution to light manufacturing. The location on SH 99/Grand Parkway means direct access to both residential and commercial customers," says Robert Clay, president of Clay Development & Construction.
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Compatible with the industrial real estate needs, the business park caters to demands for big box distribution facilities as well as single-tenant manufacturing buildings. This is achieved by ensuring the provision of an adequate utility infrastructure and the creation of structures designed to facilitate contemporary distribution and manufacturing operations.
Conveniently located just a five-minute drive from US 290 and Texas 249/Tomball Parkway, the business park offers easy access to Houston's major thoroughfares, including Interstate 10/Katy Freeway, Interstate 45/North Freeway, and Beltway 8/Sam Houston Tollway, all reachable within minutes via SH 99. This accessibility is driving an increasing demand for relocations and expansions in the Houston area, attracting businesses from out of state.
The Northwest 99 Business Park by Clay Development & Construction Inc. (Source: Clay Development & Construction Inc.)Third-party logistics firms, distributors, last-mile distributors, light manufacturing firms, and oil field services firms are already active in the Northwest Houston submarket. With a year-to-date vacancy rate of 5.4 percent in the northwest industrial submarket, which is below the overall Houston market vacancy rate of 6.2 percent, the demand for space in this area is evident.
Clay Development & Construction, leveraging its expertise honed since 1998, strives to meet this demand in the Northwest 99 Business Park, equipped with state-of-the-art fire sprinkler systems, spacious parking, and designed to accommodate a diverse array of users. Marketing and leasing efforts for the Northwest 99 Distribution I are being undertaken by Mark Nicholas and Will Clay of JLL alongside Copeland Rhea of Clay Development & Construction. Meanwhile, the leasing of Northwest 99 Spec I is being handled by a team comprising Ed Frantz, Joseph Smith and Cape Bell of CBRE, in cooperation with Clay Development's Copeland Rhea.
Tiffany Krenek has been on the My Neighborhood News team since August 2021. She is passionate about curating and sharing content that enriches the lives of our readers in a personal, meaningful way. A loving mother and wife, Tiffany and her family live in the West Houston/Cypress region.
