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+/- 3.36 Acres Near Texas Medical Center

Houston, TX



ADDRESS: Just south of the intersection of Fannin St. and Knight Rd. 
PRICE: TBD by Market
STATUS: Available

 

AREA HIGHLIGHTS 

Accessibility
The Property is well located just south of the intersection of Fannin Street and Knight Road west of Highway 288 in the Texas Medical Center submarket. It is in close proximity to Houston’s most prestigious areas and largest employment centers, including the Texas Medical Center, Montrose, the Museum District, Midtown, Central Business District, and Greenway Plaza. The Property is located in the Texas Medical Center Submarket which is home to the largest Medical Center in the world. 

Major Employment Centers

Texas Medical Center

  • Situated on 1,345 acres, the Texas Medical Center (TMC) is the eighth-largest business district in the country, right after Philadelphia and Seattle
  • Institutions within TMC: 
    • 21 renowned hospitals
    • 13 support organizations
    • 8 academic and research institutions
    • 6 nursing programs
    • 3 public health organizations
    • 3 medical schools
    • 2 universities
    • 2 pharmacy schools
    • 1 dental school
  • 7.2 million visits per year - More than the populations of Los Angeles, Houston, and San Francisco combined
  • 106,000 employees - More people than Exxon, Apple, or Google
  • 7,000 patient beds
  • 25,000 babies delivered annually - TMC delivers about 1 baby every 20 minutes
  • 171,000 annual surgeries - TMC begins 1 surgery every 3 minutes
  • 18 miles of public and private streets
  • Most heart surgeries in the world - the TMC performed the first successful heart transplant in the U.S.


Greenway Plaza

  • 52 acre master-planned, mixed-use development is Houston’s first planned business-commercial-residential complex
  • Comprised of ten prestigious Class A office buildings totaling 4.3 million square feet
  • Houses approximately 25,000 employees
  • Major employers include Transocean, Oxy, Invesco, Koch, Aetna, Gexa Energy, and Camden


Central Business District

  • 150,195 employees
  • Hosts 12 of Houston’s 26 Fortune 500 companies
  • Major employers (number of employees) include Chevron (7,000), Shell Oil Company (6,500), Chase Bank (4,695), KBR (3,175), El Paso Corporation (2,200), CenterPoint Energy (2,040), Hess Corporation (1,870), United Airlines (1,840), and Wells Fargo (1,695)
  • Home to Minute Maid Park (Houston Astros) and Toyota Center (Houston Rockets)
  • Hosts the 1.2 million-square-foot George R. Brown Convention Center
  • Two new office towers coming soon to downtown being developed by Hines (41 stories) and Chevron (50 stories, 1.7 million square feet, and 1,752 additional employees)

 

Uptown/Galleria

  • Over 82,000 employees and 23 million square feet of office space
  • Home to over 2,000 companies including Apache Corporation, BHP Billiton, Cameron International Corporation, Hines REIT, and Weatherford International, Ltd.
  • 1.3 million square feet is under construction
  • $1 billion in renovations are underway
  • BHP recently executed a 560,000-square foot lease which represents a significant commitment by one of the largest companies in the world
  • Several projects (mixed-use and office) under construction and recently completed:
    • BLVD Place: Phase II of BLVD Place includes 119,000 square feet of retail space and 92,000 square feet of office space; Phase III of BLVD Place includes a 750,000-square-foot office building for Apache Corp.
    • BBVA Compass Tower: offers 300,000 square feet and was the first tower to be built in the Uptown District since 1983 (recently completed)
    • 3009 Post Oak: Skanska recently completed their 300,000-square-foot office tower
    • BHP Billiton Tower: 30-story, 560,000-square-foot tower (recently completed)

 

Retail and Entertainment

NRG Center (adjacent)

  • Home of the Houston Texans
  • State-of-the-art facility has hosted major events such as the Super Bowl, NCAA Final Four tournaments, and the world’s largest entertainment and livestock exhibition, the Houston Livestock Show & Rodeo
  • Host of Super Bowl LI in 2017
  • NRG Center: 1.4 million-square-foot exhibit and conference facility
  • NRG Stadium - 71,500 seating capacity, 97,000-square-foot natural grass playing field
  • NRG Arena - 349,000-square-foot event facility
  • NRG Astrodome - 1 million-square-foot football/baseball/concert facility, 70,000 max seating capacity

 

Rice Village

  • Offers over 300 shops in the immediate 16-block area
  • Consists of boutiques and eclectic shops as well as high-end clothing stores such as Chico’s, Eddie Bauer, and Pier 1 Imports
  • Dining options include a variety of food from all over the world including Japanese, Chinese, French, Italian, Mexican, Spanish, Mediterranean, and Vietnamese

 

Upper Kirby

  • High end retail, posh boutiques, and many of Houston’s finest restaurants, including Pondicheri, Fleming’s, Grace’s, Giacomo’s Cibe e Vino, Chuy’s, Carrabba’s, Turquoise Grill, BB’s Cafe, Goode Co. Seafood and Goode Co. Taqueria, The Queen Vic Pub & Kitchen, and Kata Robata
  • Whole Foods Market, Bed Bath & Beyond, Ulta
  • Upper Kirby features two theater venues: AD Players and The Music Box

 

The Galleria/ Uptown District

  • More than five million square feet of retail space
  • Approximately 1,000 stores
  • Boasts Houston’s most prestigious shopping including stores such as Neiman Marcus, Cartier, Hermes of Paris, Saks Fifth Avenue, Louis Vuitton, Ethan Allen, and Houston’s only Nordstrom

 

Major Educational Facilities

  • Baylor College of Medicine
  • University of Texas Health Science Center
  • Rice University
  • Texas Southern University
  • The University of Houston



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