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5 AC SITE IN GENERATION PARK John Flournoy | 713.860.3100 | McCord Development

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Page 1: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

5 AC SITE IN GENERATION PARKJohn Flournoy | 713.860.3100 | McCord Development

Page 2: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

2John Flournoy | 713.860.3100 | McCord Development

Generation Park: A Great Place to Locate

• 4,000-acre master-planned and deed restricted commercial development with an signature array of parks and amenities

• Home of Houston’s largest and most tax advantaged Foreign Trade Zone

• Exceptional access to all main trade areas in Houston by way of 2.5 miles of Beltway 8 frontage and 5 Beltway 8 interchanges

• Utilities are provided & site development can start today

• Off-site detention; sites are 100% developable

• Completely outside 100 year flood plain

• Home of FMC Technologies’ (Fortune 500) 173-acre headquarters

• Proven blue collar workforce and new neighborhoods just south of Generation Park and top white collar workforce and new neighborhoods just north of Generation Park allow users to attract and retain talent

Close Proximity to Major Trade Areas, Employment

And Transportation Corridors

Generation Park is close to all commerce centers: Bush Intercontinental (10 min), Port of

Houston (15 min) & CBD (20 min) and located 15 minutes or less to all major transportation corridors: I-10, I-45, & I-69

Page 3: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

3John Flournoy | 713.860.3100 | McCord Development

4,000,000 GALLONS OF WATER PER DAY REDUNDANT UNDERGROUND POWER

NO ONSITE DETENTION,NO FLOODPLAIN

5 BELTWAY INTERCHANGES

1.5 miles

Generation Park will have two substations to deliver uninterrupted 3-phase power throughout the park via buried underground conduits.

Generation Park is the first stop for clean water coming from Lake Houston, served by 20” pipes to Generation Park East and 24” pipes to Generation Park West.

Generation Park is outside the 100-year floodplain, and there is no onsite detention required for companies. Generation Park East drains to the San Jacinto River, and Generation Park West drains to Greens Bayou.

Whether by car or truck, people and products move with ease at Generation Park through five Beltway 8 interchanges.

The Best Infrastructure in the Region

Infrastructure Delivered to Site Boundaries

Page 4: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

4John Flournoy | 713.860.3100 | McCord Development

Generation Park’s FTZ tax rate (1.07) could save a company

over $2MM in taxes annually per every $100MM of qualified inventory

Up to

100% Duty & 65% Inventory Tax Savings

Big Savings with Generation Park’s FTZ

Most Aggressive Inventory Tax Savings in Harris County

Page 5: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

5John Flournoy | 713.860.3100 | McCord Development

Size, Scale and Flexibility

• 10 min to I-10• 15 min to Port• 20 min to Downtown• 25 min to Hobby Airport

• 5 min to I-69/59• 10 min to IAH Airport• 15 min to I-45• 20 min to Downtown

The Region’s Best Master-Planned Development

Site Location• 5 AC• Utilities: Provided

and includes regional detention

Page 6: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

6John Flournoy | 713.860.3100 | McCord Development

Generation Park Phase 1 Ecosystem

Over $1B of Development Activity

Page 7: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

7John Flournoy | 713.860.3100 | McCord Development

TechnipFMC (NYSE: FTI), a Fortune 500 subsea technologycompany, is constructing their global corporate headquarters on 173acres at Generation Park. TechnipFMC’s development is roughly thesame size as Exxon Mobil’s Springwoods campus.

TechnipFMC broke ground May 2014 and opened their 1,000,000square foot subsea services office & shop in Q1 2016.

2,000 of TechnipFMC’s 49,000 global employment currentlyworking at Generation Park.

6 acres acquired 2015 Plans for their corporate

tract to be determined

8.3 acres acquired 2015 For a 50,000 SF process

technology center

57 acres acquired 2015 College campus with

workforce training

Home to Leading Companies & Institutions

At Build-Out, Generation Park Will Have a Daytime Population of Over 160,000

Page 8: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

8John Flournoy | 713.860.3100 | McCord Development

Master Planned Corporate Environment

Services and Amenities that Will Attract and Retain the Best Talent

Corporate Offices

Dry CleaningPet Care Banking

Coffee Shop

Dining Options

Child Development Center

Fitness Office Supplies

Full Service Hotel

Biking & Hiking TrailsMixed Use Auditorium

NightlifePerformance Venues

Redemption Square is a 52-acre commercial center that willbe home to corporate users & a thoughtful mix of restaurants &lifestyle amenities. It will be a destination location for the Cityof Houston, all designed with the employee in mind.

Page 9: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

9John Flournoy | 713.860.3100 | McCord Development

Homes to Attract & Retain Talent

LAKE SHORE

WATERS EDGE

THE BRIDGES

THE GROVES

STILLWATER

SUMMERWOOD

LAKEWOOD PINESPARK LAKES NORTH

EAGLE SPRINGS

PARK LAKES

ATASCOCITA

Generation Park is 5 minutes or less from 13,000 future homes on 3,200 acres

13,000 New Homes

From the $200’s to over $1M on Lake Houston, homes are available for all employee

levels

Homes for Everyone

The 2015 winner of HEB’s Excellence in Education Award makes the region a great

place to raise a family

Humble ISD

Employees Can Now Live 5-Minutes from Work

Page 10: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

10John Flournoy | 713.860.3100 | McCord Development

A Thriving Landscape of Services & Amenities

Minutes West

Minutes South

Summerwood/Atascocita

Fidelis Realty

Home of theShell Houston Open

2Miles

A Thriving Retail Ecosystem Provides Access to the Practical Services Needed Throughout the Day

Page 11: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

11John Flournoy | 713.860.3100 | McCord Development

Generation Park’s Competitive EdgeShovel-ready sites

• It is the responsibility of the developer of Generation Park to deliver infrastructure to their users exceeding the norm for the region. This allows companies to focus on growing their core business and not the real estate development business.

• $60MM of road expansion, drainage, water, sewer, and electric improvements are underway in and around Generation Park

Unmatched tax incentives

• Foreign Trade Zone (FTZ): Up to a 65% tax savings. Ideal for companies shipping & receiving products from the Port

Generation Park has been de-risked

• TechnipFMC (Fortune 500) and Trammell Crow (International Developer) have vetted Generation Park and it has passed the most stringent of infrastructure and site due-diligence evaluations

Uncongested access to Houston’s major transportation corridors

• Direct access to Beltway 8 via 5 Beltway 8 interchanges

• 15 min or less via Beltway 8 to I-10, I-45 & I-69

Proximity to the points of interest around Houston

• 10 min to George Bush Intercontinental Airport

• 15 min to the Port of Houston with multiple alternative routes to and from the Port

• 20 min stop-light free drive to downtown Houston

Opportunity to locate in a secure, controlled and institutional setting next to a Fortune 500 corporate headquarters

Access to a robust labor pool and brand-new housing

• Top white collar employees and new neighborhoods just north of Generation Park and proven blue collar workforce and new neighborhoods just south of Generation Park and allow users to attract and retain talent

Outstanding Attributes of a Best-in-Class Business Park

Page 12: 5 AC SITE IN GENERATION PARK - LoopNet...Houston, homes are available for all employee levels Homes for Everyone The 2015 winner of HEB’s Excellence in Education Award makes the

12John Flournoy | 713.860.3100 | McCord Development

John Flournoy| Director | (713) 860-3100 | [email protected]

Experienced Developer & OwnerMcCord Development, Inc. 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 multi-family assets.

Founded in 1973, McCord has acquired or developed more than $2B in successful projects across the United States. McCord is proud of the strong relationships we have forged with our capital partners over the last 40 years, which is a testament to the strength of our leadership team’s strategic vision and its ability to execute that vision.

McCord’s Competitive Edge:

• Houston-based diversified real estate company with an extensive track record of successful development and investment across the US

• Developed & acquired more than $2B of successful projects; 4 million square feet of industrial & commercial, 6,700 multifamily units, and 5,600 acres of land

• Family owned and operated since 1973

• Sole owner of Generation Park. One landlord, one phone number

• Committed to its thoughtful development as a legacy project