HOUSTON– A joint venture of Trammell Crow Co. and Prudential Real Estate will develop One Grand Crossing, a speculative three-story172,000 square foot office building near Houston’s Energy Corridor.
The 8-acre site is located in the 124 acre mixed-use Grand Crossing development at the southwest corner of Grand Parkway and Interstate 10. Construction on One Grand Crossing has begun and the offices will be ready for occupancy in the fourth quarter of 2015.
“Businesses in Houston continue to seek new, high-quality office environments that are close to where its employees live, and West Houston is where those companies want to locate,” said Brandon Houston, Senior Vice President with Trammell Crow Company’s Houston Business Unit. “The building is designed to be smart, sophisticated and accommodating at every level with large, efficient rectangular floorplates and 60% vision glass, increasing flexibility and optimized natural daylight for all our tenants.”
The development team is seeking LEED Silver Certification. The site sits at the intersection of I-10 and the Grand Parkway.
Construction financing is provided by Cadence Bank. The general contractor is Rosenberger Construction and the project is designed by Powers Brown Architecture. Leasing will be handled by Bonnie Kelley and Dave Hanusa with CBRE Houston.