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Parkwest Business Park The Owner of ParkWest Business Park offers multiple options for qualified PARKWEST developers or users/purchasers: • Sites from two acres up to the entire 150 acres are available • Owner would welcome land contributed joint ventures BUSINESS PARK • Build-to-suit opportunities ±150 ACRES IN KATY, TX (WEST HOUSTON) PARKWEST BUSINESS PARK INTRODUCTION LATEST AREA NEWS ushman & Wakefield of Texas, Inc. has been C Under contract: 10 acres to multi-family retained on an exclusive basis to market a developer Under contract: 11.8 acres to multi-family premier development opportunity located on developer Interstate 10-West (Katy Freeway) adjacent to $85 million expansion of Memorial Hermann Hospital the City of Katy and within Houston’s ETJ. GEICO opens a new Katy claims operations Located in a thriving submarket, ParkWest center, creating 1,000 new area jobs New Grand Parkway (SH 99) segment Business Park enjoys proximity to Katy, one of extends to US 290 Houston’s fastest growing suburbs. The Park is located within one mile of Houston’s newest loop, the Grand Parkway (SH 99). Houston’s Energy Corridor, a robust business district that is home to some of the world’s top energy companies, is located just west of the Park. Growth in the Katy area has been driven by this active and expanding market, as well as the connectivity and area enhancements provided by the Grand Parkway. Katy has become one of the more desirable areas of the Houston market to live, work and play, with renowned medical facilities, master- planned communities, exclusive retail, and low-to-mid-rise office buildings all moving to the Katy area in response to this growth. MEDISTAR | CUSHMAN & WAKEFIELD OF TEXAS, INC. 2 PARKWEST BUSINESS PARK PROPERTY FEATURES ParkWest Business Park is a mixed-use business and residential development that maintains maximum flexibility and requires quality, responsible development. As an office and retail development, ParkWest is suitable for medical, low-rise office, retail, retail pad sites, and restaurant establishments, offering great visibility with more than 3,000 lineal feet along the Interstate 10 frontage road. MEDISTAR | CUSHMAN & WAKEFIELD OF TEXAS, INC. 3 PARKWEST BUSINESS PARK ACCESSIBILITY ParkWest Business Park has excellent access and visibility with 3,000 feet of frontage on Interstate 10. Two sites on Katy-Ft. Bend Road offer frontages of 1,793´ and 590´, and Colonial Parkway bisects the site offering an additional east/west artery that will connect to Park Row. The Owner has already acquired and put in place: • MUD utilities • Water Plant • Sewer Capacity through the Williamsburg Plant • Drainage Study approved by HCFCD for detention size and location • Bridge for access to I-10 Service Road • Construction Drawings and fees for the infrastructure and roads MEDISTAR | CUSHMAN & WAKEFIELD OF TEXAS, INC. 4 PARKWEST BUSINESS PARK CONCEPTUAL IMAGERY FOR PARKWEST MEDISTAR | CUSHMAN & WAKEFIELD OF TEXAS, INC. 5 PARKWEST BUSINESS PARK GRAND PARKWAY ACCESS The Grand Parkway is a 184 mile circumferential highway that traverses through seven counties circling Houston as its third outer loop. Segment E, which is 15 miles of the highway, sits in the northwesterly quadrant and is within one mile of ParkWest Business Park. Direct access to Sugar Land, Texas and Highway 59 to the south is currently available via The Grand Parkway. The further northerly extensions beyond Segment E (Segments F-1 and F-2 with a projected completion in 2015) will provide direct access to the areas of Spring and The Woodlands, Texas, where The Woodland’s Town Center is located and ExxonMobil’s new 386 acre headquarters campus will reside beginning mid-2015. MEDISTAR | CUSHMAN & WAKEFIELD OF TEXAS, INC. 6 PARKWEST BUSINESS PARK GRAND PARKWAY SEGMENT MAP The Woodlands MONTGOMERY CO. 105 WASHINGTON CO. Segment G Segment F-2 6 Segment H Segment F-1 45 362 ExxonMobil 321 Campus LIBERTY CO. Spring 59 Liberty Dayton 6 1960 159 249 WALLER CO. 1960 George Bush 290 Intercontinental Airport Segment i-1 146 99 90 AUSTIN CO. 36 529 8 362 6 HARRIS CO. HARRIS CO. 8 Katy Sealy Brookshire 610 10 330 99 10 Houston Baytown 225 1093 PARKWEST 610 Trinity COLORADO CO. Bay 723 Hobby Sugar Airport Land 90 36 8 146 WHARTON CO. 60 59 Galveston Bay A - Completed feasibility study FT. BEND CO. Region B - Environmental studies ongoing A C - Approved environmental document 6 45 F1 - Scheduled completion 2015 3 F2 - Scheduled completion 2015 36 G - Scheduled completion 2015 Segment C 288 H - EnvironmentalWsthuardtioens ongoing BRAZORIA CO. i1 - Environmental studies ongoing GALVESTON CO. Galveston 35 Segment B © Cushman & Wakefield of Texas, Inc., 2013 MEDISTAR | CUSHMAN & WAKEFIELD OF TEXAS, INC. 7 PARKWEST BUSINESS PARK NEXT DOOR TO PROMINENT MEMORIAL HERMANN HOSPITAL The dramatic increase in population has been the impetus for increased medical facilities in the Katy area. Adjacent to ParkWest Business Park is the Memorial Hermann Hospital, which recently announced a $85MM expansion that will include a six-story patient tower and a second professional building to meet the health care needs of families and children. In addition, the West Houston Methodist Hospital and the Texas Children’s Hospital (known as Texas Medical Center-West Campus) are located nearby. Both St. Lukes Methodist and the University of Texas MD Anderson System have purchased land with the intent to develop future facilities. On the south side of Interstate 10 is CHRISTUS St. Catherine Hospital, an acute care facility. Hospitals in the area see patients not only from Katy, but also from surrounding rural towns. MEDISTAR | CUSHMAN & WAKEFIELD OF TEXAS, INC. 8 PARKWEST BUSINESS PARK ENERGY CORRIDOR Less than five miles to the east of ParkWest Business Park is one of the nation’s premier employment centers, the Energy Corridor. Defined by its east-west boundary along Interstate 10 from the intersection at Kirkwood to just west of the intersection at Barker Cypress Road, the Energy Corridor is so called because it contains the headquarters locations and regional offices of prominent international energy and energy services firms including BP America, Shell Exploration and Production, ExxonMobil Chemical, ConocoPhillips, CITGO, Dow Chemical, PGS, and Mustang/Wood Group. Other, non‐energy, companies also have headquarters in the corridor including Cardinal Health Care Inc., Sysco Corporation, Gulf States Toyota, and Star Furniture. Overall, The Energy Corridor includes a population of over 20,000 and 84,000 jobs, of which the Katy area fuels many of these jobs. The Corridor contains nearly 23 million square feet of office space (of which 75% is Class A) and over 2.9 million square feet of retail. y d a . R Freeman Rd. w d 529 l . k R o y 529 r o a d w h P W. Little York k n 290 c e P S Beckendorf d B n e . k e . a g . d r c t r r i d d e F R i o . d G r n . R Keith Harrow o d - d k s s d d Stockdick t c e l s R s R y m t r . R s 362 i E o t e t . School Rd. t a u t n e y d P a r . i d y t t r G S r o e r R t K e u R 6 p F t s . N l f e B f y r r k r s p Clay Rd. N e o c i s C o l d - a P o L h r . r e / c t H e d P - G S k n R 8 y r a t l e Morton Rd. a i a n P r B Energy Corridor i o K l a l s r a e 99 P h 359 Franz Rd. M S . 2855 Saums Rd. d R Colonial Parkway Park Row o KATY o BROOKSHIRE l g 90 I Kingsland Blvd. 10 10 Memorial n e ll G e re . w e 1489 e n Highland Knolls d d l u r 1463 F b o HOUSTON R u - y o y s a f s t c a h B h d 359 K o Barker s Briar Forest l d o a A f o t o f Reservoir e s y u o r g r B e W i e w d r i a n k y PARKWEST c r l s r a W i D i e d st r s hei l w m e e e K r E P W n m Hunt Rd. r k kwy. i a e G r e h e l a t h l s P e ls e u W w F d Toll Road - e rk n tpa y l Wes t a F a r Bellaire K 1093 G . e d n R 1093 i 6 1489 d Beechnut o m Beechnut l e l 1093 C r a Bissonnet FULSHEAR 359 375293 H 59 Morton MEDISTAR | CUSHMAN & WAKEFIELD OF TEXAS, INC. 9 PARKWEST BUSINESS PARK ENERGY CORRIDOR EMPLOYEES BY ZIP CODE Less than 50 105 105 50-99 A large number 6 100-249 45 of residents in 250-499 249 59 500-999 the Katy area 1,000+ 290 work in the 159 1960 George Bush Intercontinental Energy Airport 99 Corridor, 36 PARKWEST according to the 6 10 10 most recent 36 Census worker Hobby 723 Airport 60 data survey 90 45 (2010). 35 59 36 288 MEDISTAR | CUSHMAN & WAKEFIELD OF TEXAS, INC. 10 PARKWEST BUSINESS PARK ACROSS FROM KATY MILLS MALL Katy Mills Mall, an outlet shopping destination for the area, is located directly across from ParkWest Business Park.
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