McCord Development plans to add a 45-acre biomanufacturing hub to its Generation Park master-planned development in northeast Houston.
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BioHub Two will include 500K SF of cGMP manufacturing, lab and office space.
Nearly $30M worth of infrastructure is nearing completion to serve the site, according to a news release from McCord. McCord plans to allow BioHub Two’s 45 acres to be subdivided to accommodate small- and large-scale manufacturing needs.
The news follows the announcement late last year that San Jacinto College and McCord would build a biotechnology center in Generation Park. San Jacinto Biotechnology Center will provide training programs licensed by the National Institute of Bioprocessing Research and Training. The center will take a 15K SF space in a 60K SF building McCord is developing.
“Houston has consistently been ranked as a burgeoning life science cluster, and BioHub Two has the unique advantage of being a short walk from the region’s only biotech training center,” said John Flournoy, senior director of sales and leasing for McCord.
Houston has the infrastructure, workforce and community support needed to crack the top echelon of life sciences markets, a Greater Houston Partnership study last year found, though it has yet to break into the top 10 markets. The study identified Houston as a prime hub for cell and gene therapy research, development and manufacturing, cancer-focused molecular diagnostics within R&D and production and biologics drug development and manufacturing, the news release states.
CBRE this year ranked Houston 13th out of the top 25 largest life sciences employment clusters.
“Houston’s high concentration of life sciences employment, healthy funding landscape, access to Texas’ $6B CPRIT grant fund and commitment to translational research is making it one of the country’s fastest growing life science ecosystems,” said Ryan McCord, president of McCord Development.
McCord plans to develop two multifamily communities and The Commons, a 5-acre green space with freestanding opportunities for small-format restaurants and cafés, adjacent to BioHub Two.
