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January. 2023
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Greater Houston Home to $5.8 Billion in Q1 Project Kickoffs

The Greater Houston metropolitan area covers 10,000 square miles across nine counties, making it home to a wide range of industrial activity. Industrial Info is tracking $5.8 billion worth of projects that are planned to kick off construction during the first quarter in the area, with more than 80% of the spend spread out across the Oil & Gas Production, Terminals, Pharmaceutical and Biotech, and Power industries. However, some projects may not kick off as planned, with construction starts slipping further into 2023 or even later.

The area includes Austin, Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery and Waller counties, and has a population of more than 7 million people, according to the U.S. Census Bureau.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here for a full list of detailed project reports.

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The region is regarded as a major hub of oil and gas activity, and midstream company Targa Resources Corporation (NYSE:TRGP) (Houston, Texas) plans to kick off the addition of Train #9 at its natural gas liquids (NGL) fractionation plant in Mont Belvieu, Texas in Chambers County. The train will add 120,000 barrels per day (BBL/d) of high-purity butane, propane and ethane, for a total plant capacity of 940,000 BBL/d.

Subscribers to the GMI Production Project Database can click here for the detailed project report. The new train will support Targa's Grand Prix NGL pipeline, which begins in eastern New Mexico and runs eastward through the Permian Basin to the Mont Belvieu fractionation facility. Southwest of Dallas, it features a connection that reaches into Oklahoma. Subscribers to the GMI Pipeline Asset Database can click here for information on the Grand Prix pipeline.

In Freeport, Texas, Enterprise Products Partners LP (NYSE:EPD) (Houston) is getting ready to build a 4.2 million-barrel crude oil storage terminal, consisting of seven 600,000-barrel storage tanks. Enterprise has awarded project work to Ecology & Environment (part of WSP Global Incorporated (Montreal, Quebec), Cronus Technology and EDG Consulting Engineers (New Orleans, Louisiana), with the aim of completing the project in late 2025.

The project is part of Enterprise Products' Seaport Offshore Terminal (SPOT), which is proposed to be built about 30 miles offshore Freeport, and would be designed to accommodate very large crude carriers (VLCCs) that are able to load 2 million barrels per day and load two VLCCs at the same time. Subscribers to Industrial Info's GMI Oil & Gas Terminals Project Database can click here for a list of related project reports.

Houston also is known for its massive medical infrastructure. 2ML Real Estate Interests Incorporated (Houston) is preparing for construction of the Houston Levit Green Life Science R&D and Mixed-Use Campus Building 2-9 Addition. Located on a 52-acre site, the project involves the construction of eight additional life science research and development buildings, to house various biotechnology, pharmaceutical, life science and other related high-technology companies plus construct other office, residential, shopping, dining and other hospitality-related structures with green space. Subscribers to Industrial Info's GMI Pharmaceutical & Biotech Project Database can click here for a detailed project report.

The medical industry plays an important role in the region's economy, but so does the Port of Houston. According to the port's website, it handled more than 200 million short tons of international cargo in 2018 alone. The 52-mile ship channel is home to nearly 200 private companies that make up the Greater Port of Houston.

The Port of Houston Authority is preparing to kick off construction of the Houston Deepwater Port Ship Channel Expansion 3 at the Barbours Cut Ship Channel, part of a larger $1 billion deepwater channel expansion project. The project includes changes that would in part allow the port to handle container Neo-Panamax container ships that carry up to 15,000 twenty-foot equivalent units (TEUs). Subscribers to Industrial Info's GMI Industrial Manufacturing Project Database can click here for related project reports.

In addition to expanding cargo handling efficiency, the port is moving forward with its decarbonization efforts--aiming to be carbon neutral by 2050. It has signed a memorandum of understanding (MOU) with Shell plc (NYSE:SHEL) (London, England) that "outlines a shared intention to explore key energy, mobility, and decarbonization projects that could be implemented at Port terminals," according to a related press release.

Renewable-energy projects are popping up across the country, and four in the Greater Houston area are planned to kick off in the first quarter:

  • the 400-megawatt (MW) $450 million Parliament photovoltaic (PV) Solar plant in Waller, which is owned by a subsidiary of AP Solar Holdings LLC (Austin); see project report
  • Leeward Renewable Energy LLC's (Dallas, Texas) 200-MW $240 million Raoul PV Solar Farm in Needville in Fort Bend County; see project report
  • Sabanci Renewables' 300-MW $225 million Cutlass PV Solar Plant in Fort Bend County; see project report. Bechtel Corporation (Reston, Virginia) is providing engineering, procurement and construction (EPC) services
  • the Calliso I battery energy storage system (BESS), in the heart of Harris County, which will provide more than 100 MW of battery storage; see project report. The BESS is owned by a subsidiary of U.S. energy-storage developer Jupiter Power (Austin, Texas).

Subscribers to Industrial Info's GMI project and plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.

Click here for a full list of projects in the Greater Houston area that are planned to kick off in the first quarter.

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