Commercial

East Houston Booms With Elan Heights Leasing

Houston has not entirely lost jobs in the recent past. In fact, a chemical facility along Baytown, which is now under construction, has provided construction jobs to thousands of workers. Also, 400 full-time employees will be needed to operate the plant when it is finished.

Since a lot of workers are needed in several projects, including the industrial facilities on the east side, there has been a shortage in some areas of the labor force. Bay Area Houston Economic Partnership marketing manager C.A. Shields said that they are now coordinating with local colleges, school districts and universities to solve the issue.  

With the latest technology though that enhanced the production from its dense shale formations called fracking, as well as the low-cost feedstock in which the fracking offers for petrochemical manufacturing, the east side of Houston is now booming.

According to Clay Development & Construction, Inc., their company has been active since 2005 on the east side and has developed more than 3 million square feet worth of industrial space. He further explained that the reason behind the company's continued success in terms of deals is due to the refining business and of the perceived growth in port-related tonnage because of the Panama Canal's widening, SwampLot reported.

In other related news, Elan Heights developer confirmed that it has started pre-leasing units. The 326-unit community  is located at 25 Usener close to Taylor and White Oak Drive, and on the site of Skylane Apartments that has been demolished. The building completion is expected in October.

This seven-story development is going to offer apartments from 627 up to 1,427 square feet. Monthly rents will cost around $1,695 and $3,375. In a statement given by Greystar director Betsy Valdes, Elan Heights is said to offer the residents with an urban lifestyle experience near downtown, within a neighborhood with a rich history, Chron reported. 


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