Tag: Redevelopment

THE CONTINUING UNTOLD STORY OF WHAT HAPPENED WHEN EXXONMOBIL MOVED NORTH We’ve been following the separate stories of various former ExxonMobil facilities around Houston individually after the company moved operations to its massive new North Houston campus. But if you want a good, quick rundown of the resulting real-estate fallout, take a look at this summary by veteran reporter Ralph Bivins, who chronicles the current status of the oil giant’s abandoned outposts Downtown, in Greenspoint, and elsewhere around town. The former upstream research campus on Buffalo Speedway between West U and River Oaks (pictured here), Bivins declares, “is expected to be transformed into a major mixed-use development.” The 24-acre Brookhollow campus near Hwy. 290 and Dacoma, which he notes is “not far” from the proposed terminal site for the Texas Central Houston-to-Dallas bullet train, “may be redeveloped for retail use.” The 35-acre former ExxonMobil Chemical facility at 13501 Katy Fwy. in the Energy Corridor, now called Republic Square, is the site of a proposed 2.6-million-sq.-ft. mixed-use project that might include a beer garden and art studios. But until that happens, owner Third Palm is “doing something very un-Exxon like — allowing the public to venture onto the grounds.” [Realty News Report; previously on Swamplot] Photo of demolition of former ExxonMobil facility on Buffalo Spdwy. and West Alabama: MontroseResident