HOUSTON — Wile Interests and Stream Realty are reportedly preparing to break ground on a 250,000-square-foot office building in the Energy Corridor area of West Houston. Jennifer Dawson of the Houston Business Journal reports that the building will be constructed on a 12-acre site at the southeast corner of Interstate 10 and Greenhouse Road.
The Energy Corridor in West Houston is home to scores of energy companies headquarted in Houston, which calls itself “The Energy Capital of the World.”
In addition, Phillips 66 is searching for land in the Energy Corridor for its new headquarters building. The Energy Company will build a new corporate campus to accomodate the pending split of ConocoPhillips into two separate companies.
In the Westchase District of West Houston, Granite Properties will begin construction soon on a 12-story building at 3141 Briarpark Drive.
The vacancy rate is below 10 percent in much of West Houston and energy companies have been adding personnel.