The initial space is slated to deliver in early 2009. Thedevelopment team is laying streets and utilities for the project at14502 Fondren Rd. At build-out, Lakeview Business Park could hold2.5 million sf.
Whether the remainder of the park goes spec, build to suit or acombination of both depends on the market. "We're offering thebuildings for sale or for lease, which is a little different fromour typical program," says James Casey, TCC's managing director inHouston. TCC's more traditional MO is to keep and lease what itbuilds.
"This method offers us greater flexibility since we have a lotof land for the business park," Casey tells GlobeSt.com. "We'd liketo get this park developed as quickly as we can and think offeringthese for sale will accelerate velocity of bringing users to thepark."
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