Houston Business Journal by Emily Wilkinson, Print Editor
Date: June 12, 2013, 5:00 am CDT
Anyone who has driven on Interstate 10 lately knows cranes have been back to work full speed in Houston’s Energy Corridor.
There is currently $500 million under construction, with another $800 million planned in the area, according to the Energy Corridor District.
One company making strides in the corridor is Dallas-based Lincoln Property Co., which topped out Energy Crossing IIlast week, meaning it placed the last beam at the top of the eight-story building.
The building, at I-10 and State Highway 6, was designed by Dallas-based HKS Architects and is being built by Houston-based Manhattan Construction Co.
The eight-story, 340,000-square-foot building is scheduled for completion later this year and is 65 percent preleased to Atwood Oceanics Inc. (NYSE: ATW), a Houston-based offshore driller.
Lincoln Property, in a joint venture with Stonelake, is developing another office complex just across the freeway from Energy Crossing II: Park Ten Center.
The duo started demolition in May on an existing building in Park Ten Regional Business Center, which is under development by Wolff Cos.
Dallas-based O’Brien & Associates Inc. designed the 302,000-square-foot office complex at 16200 Park Row Blvd. that will consist of two 150,000-square-foot, three-story buildings. A general contractor has not yet been decided, according to a spokeswoman from Lincoln Property.