The City of Houston is still synonymous with the oil and gas industry as energy continues to define much of the local economy. Commercial real estate along Katy Freeway is especially appealing to the traditional economic stalwart and has become known as the Energy Corridor to underscore its unique position within the Greater Houston business community.
TenantBase wants companies looking for office space along Katy Highway to leverage our local insights and expertise into Houston’s commercial real estate market to their advantage. Use this area guide to inform your search for office space near Katy Highway’s Energy Corridor and enjoy the benefits of its centralized location and talent-friendly amenities. Be mindful of your company’s specific needs and goals and rely on our insights to transform your organization’s new space near Katy Freeway into an enduring competitive advantage.
Energy industry titans like BP, Shell, Conoco-Phillips, and McDermott International all call the Energy Corridor along Katy Freeway home. Over 19 million SF of office space exists within the area at an average of $30 SF. The majority of the space is Class A but companies can find some Class B in a small number of complexes as well. Nearly all of the properties feature garage parking for tenants.
Long-term plans for the energy-focused area are expansive and bold to further foster growth and a balanced lifestyle for energy firms and their employees. There are plans to expand available space by 2030 from just shy of 20 million SF to over 45 million SF of both office and mixed-use space. Such growth will ensure office space near Katy Freeway continues to be at the forefront of the Houston economy for years to come.
Employees working along Katy Freeway in Houston enjoy a wide variety of conveniences, benefits, and amenities that make the Energy Corridor unique amongst Houston’s many economic centers. Commuting to the Energy Corridor is made much easier for the roughly 90,000 employees and 300 companies in the area by robust and convenient freeway and public transportation systems. Sam Houston Tollway and Katy Freeway toll lanes and HOV lanes significantly ease Houston’s infamous traffic issues by allowing workers to avoid the majority of the local freeway congestion.
Employees that prefer to commute without the hassle of driving can rely on many rideshare programs, METRO’s Addicks Park & Ride station, or even the 50 miles of bike trails that traverse the area. Many of those trails cross through Terry Hershey Park for convenient access to nature along with the rest of the 26,000 acres of open green spaces found nearby.
The Energy Corridor also features a lengthy list of amenities that includes several restaurants, shopping, and entertainment choices. CityCentre at Beltway and I-10 is a popular destination for high-end retail, dining, and recreation options as well as several condominium and apartment complexes. When coupled with the many residential neighborhoods within the Energy Corridor and in nearby Katy, Fulshear, and Richmond, businesses along Katy Freeway combine location and an appealing mix of live, work, and play that attracts local talent like few other areas in Houston.