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Old Posted Jul 24, 2023, 1:20 PM
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Join Date: Oct 2007
Location: Houston - Wichita, KS
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https://www.bizjournals.com/houston/...ters-move.html

Quote:
Port Houston to move headquarters to Midway's East River mixed-use development

By Jeff Jeffrey – Senior reporter, Houston Business Journal
Jul 20, 2023
Updated Jul 20, 2023 3:33pm CDT

Port Houston plans to move its headquarters to a new 95,000-square-foot space that will be built in Houston-based Midway’s East River mixed-use development.

Port Houston purchased two tracts of land within East River’s first phase for a built-to-suit office building and adjacent parking garage, which will be connected via a skybridge, Midway said.

Located along Buffalo Bayou, both buildings will be occupied solely by Port Houston. Midway will oversee all aspects of the project’s predevelopment, development and construction. The new headquarters is expected to break ground in spring 2024, with an anticipated completion date of summer 2025.

“Port Houston has been a driving force in Houston’s success since its creation, and its value as an economic catalyst and community partner are as critical as ever,” said Larry Sloan, executive vice president of investments and development for Midway. “We are proud to partner on the development of their new headquarters at East River and look forward to delivering an innovative new office environment that is uniquely suited to the Port’s current needs, while attracting and retaining a new generation of talent in the years to come.”

Port Houston has overseen the city’s ship channel for more than a century as it grew into the No. 1 port system in the country in terms of foreign waterborne tonnage. Port Houston owns, manages and operates eight public terminals along the 52-mile waterway.

Houston Ship Channel-related businesses generated more than $439 billion in statewide economic value in 2022, up nearly 30% since 2018.

The port’s existing headquarters is at 111 E. Loop N., near where Buffalo Bayou crosses the 610 Loop.

The new headquarters in East River will help the organization promote prosperity in the region through awareness, employee investment, environmental stewardship and community engagement, the port said.

The new facility will include multiple office configurations with integrated technology, flexible space for large meetings and events, and immediate access to East River’s amenities.
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