Houston's Premier 971 Acre Business Park

 

Flexible Tenant

Options

Site

Strengths

Utilities

Infrastructure

Head-Start

Hines

Build-to-Suit

Platform

LAND SALES

Direct land sales to owner-users to build their own facility

HINES DESIGN-BUILD

Hines has 55 years of experience to assist owner-users with

development, construction management, and design-build projects

BUILD-TO-SUIT-LEASES

Tenants can lease specifically-designed facilities from Hines who

will assume development and construction risk and has capital

ready to deploy today

 

• 665  acres net of detention ponds and roads

• Great access to Bush Intercontinental Airport,

Port of Houston, major business centers,

freeways and desirable residential communities

• 11 park entrances from I-45, Beltway 8, and West Road

• Fully-entitled sites with utilities and detention

• Outside the 500 year flood plain

• Excellent visibility from Beltway 8

• Existing Master Financing Agreements in place between MUDs

406 & 321 and Pinto Realty Development, Inc.

• MUDs 406 & 321 supply fresh water, sewer, roads and drainage.

All capacity reservations have been paid for:

• 2 million gallons-per-day fresh water

• 1.5 million gallons-per-day waste water

• Strategic Partnership Agreements signed with City of Houston

• Established connection and usage fees

• Power distribution lines on all sides of the park

• Multiple major fiber-optic lines: AT&T, Centerpoint, and Qwest

 


$40+ million in infrastructure currently under construction in the park (June 2014)

 

• Design and planning work already

commissioned for over $20 million of infrastructure work

• General Master Plan already approved

 

• Hines has developed more than 61 million SF of build-to-suit projects in Houston and around the globe

• Hines has developed more than 33 million SF of industrial space – light manufacturing, distribution, and corporate facilities

• Flexibility to suit owners and users

• Capital plan in place with equity for developments

• Over the past 70 Hines-managed projects, the final cost has averaged 3% less than the initial market-based

General Contractor budget, and substantial completion has occurred an average of two weeks ahead of schedule

• A local team backed by an international platform

Owner Commitments

• Park ownership will fund infrastructure in cash with no financing requirements

• Hines development management and the existing MUDs will ensure on-time delivery

Capital Plan

• Capital in place to complete $20 - $30 million of infrastructure improvements

which support ±7 million SF of warehouse, manufacturing and office facilities

• Total park value projected to be $1 billion in 7 years

CHARLIE MEYER

1+ 713 237 5642

charlie.meyer@hines.com

Located in the heart of Houston's North & Northwest Submarket, Pinto Business Park is positioned as the region's top destination for all your light manufacturing, warehouse, supply chain distribution and the best-fit-solution for all your corporate real estate requirements.

 

© PINTO BUSINESS PARK