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Released September 19, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--The Greater Houston region covers a lot of area and a lot of people. Encompassing nine counties, the region covers 10,000 square miles in nine counties and has a population of more than 7 million people, according to the U.S. Census Bureau. Harris County alone, which contains the city of Houston, is the third-most populous county in the U.S.
The region is regarded as a major hub of oil and gas activity; its construction projects run the gamut from terminals to pharma-biotech centers and industrial manufacturing facilities.
Industrial Info is tracking more than $4 billion worth of projects that are planned to kick off construction during the fourth quarter in the Greater Houston region. However, some projects may not kick off as planned, with construction starts slipping into 2023 or even later. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here for a list of detailed project reports.
Click on the image at right for a chart showing fourth-quarter 2022 project kickoff activity in the Greater Houston region by industry.
In Freeport, Texas, Enterprise Products Partners LP (NYSE:EPD) (Houston) is gearing up 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), with a capability of loading 2 million barrels per day (BBL/d) and loading two VLCCs at the same time.
Enterprise provides a good example of how U.S. pipeline operators are shifting away from the large pipeline projects that dominated previous activity and toward other midstream facilities, such as export terminals and natural gas processing plants. 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 the 52-acre site of a former grocers' supply complex, 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 Pharmaceuticals & Biotech Project Database can click here for a detailed project report.
Also in the works is the Texas Medical Center's (Houston) TMC3 MD Anderson Cancer Center Research Building, part of the larger TMC3 Innovation Campus Project. Located on a 37-acre site south of the Texas Medical Center, the project involves construction of a 300,000-to-400,000-square-foot building to house research activities by the University of Texas Health Science Center. Subscribers can click here for related project reports.
The Port of Houston plays a vital role in the region's economy. According to the port's website, more than 200 million short tons of international cargo were handled 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 Barbours Cut project includes widening the existing channel from 300 feet to 455 feet, modifying the channel entrance, constructing additional marshes and other actions to make the channel safer. The changes also would allow the port to handle Neo-Panamax container ships that carry up to 15,000 twenty-foot equivalent units (TEUs). Subscribers to Industrial Info's GMI Industrial Manufacturing Projects Database can click here for related project reports.
Subscribers can click here for all project reports mentioned in this article and click here for related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
The region is regarded as a major hub of oil and gas activity; its construction projects run the gamut from terminals to pharma-biotech centers and industrial manufacturing facilities.
Industrial Info is tracking more than $4 billion worth of projects that are planned to kick off construction during the fourth quarter in the Greater Houston region. However, some projects may not kick off as planned, with construction starts slipping into 2023 or even later. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can click here for a list of detailed project reports.
In Freeport, Texas, Enterprise Products Partners LP (NYSE:EPD) (Houston) is gearing up 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), with a capability of loading 2 million barrels per day (BBL/d) and loading two VLCCs at the same time.
Enterprise provides a good example of how U.S. pipeline operators are shifting away from the large pipeline projects that dominated previous activity and toward other midstream facilities, such as export terminals and natural gas processing plants. 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 the 52-acre site of a former grocers' supply complex, 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 Pharmaceuticals & Biotech Project Database can click here for a detailed project report.
Also in the works is the Texas Medical Center's (Houston) TMC3 MD Anderson Cancer Center Research Building, part of the larger TMC3 Innovation Campus Project. Located on a 37-acre site south of the Texas Medical Center, the project involves construction of a 300,000-to-400,000-square-foot building to house research activities by the University of Texas Health Science Center. Subscribers can click here for related project reports.
The Port of Houston plays a vital role in the region's economy. According to the port's website, more than 200 million short tons of international cargo were handled 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 Barbours Cut project includes widening the existing channel from 300 feet to 455 feet, modifying the channel entrance, constructing additional marshes and other actions to make the channel safer. The changes also would allow the port to handle Neo-Panamax container ships that carry up to 15,000 twenty-foot equivalent units (TEUs). Subscribers to Industrial Info's GMI Industrial Manufacturing Projects Database can click here for related project reports.
Subscribers can click here for all project reports mentioned in this article and click here for related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
