Lots of firsts for Generation Park: its first anchor tenant is also its first Fortune 500 corporate campus: FMC Technologies acquired 173 acres, which is nearly the same size as the new ExxonMobil campus. McCord Development’s John Flournoy (nice catch, John!) tells us that the subsea technology giant for the oil and gas industry will be consolidating all of its Houston-based operations at Generation Park, including its global HQ, and is nearing completion of its first phase on 70 acres. Early next year, approximately 2,000 FMC employees will be moving to Generation Park in over 1M SF of office and workshop space as part of the first phase. Also new is the S.PA, Generation Park’s first corporate lifestyle center. The 52 acres is scheduled to break ground later this year and will be home to corporate office users and a mix of amenities like restaurants, hotels, conference centers, healthcare centers and child development centers. Stolt-Nielson, a leading European logistics company, recently acquired acreage in the S.PA and by winter, two hotels will be under construction. Yet another first: a 57-acre San Jacinto College campus will focus on serving the community and partnering with companies located in Generation Park to help train their current and future workforce. For more info on our Bisnow partner, McCord Development, click here. Click here for more info on Generation Park.
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McCord Development, Inc. (MDI) is a Houston-based opportunistic real estate company with a longstanding track record of creating substantial value through the acquisition, development and management of office, industrial, land, single family and multifamily assets.
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