News Summary
Houston welcomes a new business park as Urban Logistics Realty breaks ground on The Brickyard. Spanning over 542,851 square feet, this 39-acre development near major highways aims to create ample opportunities for businesses. With a focus on modern design and sustainability, The Brickyard is set to change Houston’s industrial landscape, supported by strong financial backing and expertise. Completion is targeted for 2026, marking a significant step forward for the local economy and community.
Texas – Urban Logistics Realty (ULR) has officially broken ground on its latest development, The Brickyard, a significant business park designed to meet the growing demand for industrial space in Houston. The project, located at 5020 Acorn Street in Northwest Houston, will consist of three buildings totaling 542,851 square feet upon completion in the second quarter of 2026.
The Brickyard is a collaborative effort between ULR and Principal Asset Management and aims to cater to a range of space requirements from 30,000 to 542,851 square feet. This development is expected to include several modern features such as ample auto and trailer parking, as well as speculative office space that meets best-in-class standards.
Additionally, sustainability is a key focus for The Brickyard, with plans to achieve LEED Certification. This aligns with ULR’s commitment to redefining industrial real estate and positively impacting local communities. The construction financing for the project is being managed by First United Bank & Trust, while Harvey Builders has been appointed as the general contractor. Architectural design is being handled by Powers Brown, and Kimley-Horn serves as the civil engineer, with Pinnacle overseeing structural engineering.
The site spans 39 acres and boasts a strategic location near major transportation corridors, including Highway 290 and Interstates 45 and 610. This provides easy access for logistics and transportation needs. Additionally, George Bush Intercontinental Airport is situated 18 miles away, further enhancing the facility’s attractiveness to potential tenants.
The decision to develop The Brickyard comes at a time when the Houston industrial space market is experiencing changes. In the first quarter of this year, the market recorded a positive net absorption of 792,000 square feet, despite an increase in overall vacancy rates. Furthermore, the construction pipeline for industrial space in Houston remains substantial, with 11 million square feet currently under development, though much of it is not yet preleased.
ULR has an established track record in Texas, having previously developed 6.5 million square feet of industrial projects in the state. The development of The Brickyard reflects a continued investment in the Houston area and is anticipated to fulfill the needs of a diverse range of businesses looking for industrial space.
In summary, The Brickyard business park is poised to be a notable addition to Houston’s industrial landscape, with its modern design, focus on sustainability, and strategic location likely to attract a variety of tenants looking for flexible space options over the coming years.
Deeper Dive: News & Info About This Topic
- VirtualBX: Urban Logistics Breaks Ground on Business Park in Northwest Houston
- Google Search: The Brickyard Houston Business Park
- ConnectCRE: Work Underway on 542K SF Houston Warehouse Venture
- Encyclopedia Britannica: Business Park Development
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- Google News: Houston Industrial Real Estate
