National Property Holdings Underway on 87-Acre Industrial Project in Metro Houston
KATY, TEXAS — National Property Holdings (NPH), a Houston-based industrial developer and owner, is underway with Katy Prairie Business Park, an 87-acre industrial project located in the western Houston suburb of Katy. At full buildout, the project will span approximately 1.1 million square feet across three tilt-wall buildings.
The development’s first facility has been underway for a few months. Dallas-based design-build firm ARCO Design/Build Inc. broke ground last December on a 59,000-square-foot warehouse and distribution center within the park for Domino’s Pizza, progress of which can be seen here. The facility is expected to be complete in the fourth quarter and support more than 300 Domino’s Pizza restaurants across South Texas.
“We are delighted Domino’s selected National Property Holdings to develop its new supply chain center and fresh pizza dough production line in our first building at Katy Prairie Business Park,” says Ryan Lovell, vice president of real estate for NPH.
In addition to building the Domino’s facility, NPH is now expanding the park’s infrastructure to make way for the other two buildings. This work includes excavating detention ponds totaling approximately 20 acres, extending the public water line by half a mile, implementing a wastewater collection system and lift station and filling the site via mass earthwork. Lovell expects the infrastructural work to be complete in November.
Robert Alinger of Colliers International represented NPH in its site selection and land acquisition for the site, which is situated on Igloo Road between Interstate 10 and U.S. Highway 90 near the headquarters for Igloo Products.
NPH plans to develop and manage all the buildings within Katy Prairie Business Park for the long haul. No timeline was given for the other two facilities within the park.
Katy Prairie Business Park is one of several new developments in the Katy area. Others include build-to-suit projects for Amazon, Costco, Medline and Ross Stores.
NPH has a few Houston-area projects in the works as well, both speculative and build-to-suit. These include Phase II of SouthPoint Business Park (47 acres); Republic Business Center (160 acres); Market Street (a two-building site totaling 395,725 square feet); and AmeriPort Industrial and Business Parks in Baytown, Texas (1,400 acres).
— Taylor Williams and John Nelson