Business Facilities - August 2008 - (Page 20)

ZT Shadow Creek Business Center is a planned 160,000-square-foot Class A office complex. Pearland’s new Bass Pro Shops opened in October 2007. tion Alliance. This partnership provides state-of-the-art training to students to meet the increasing needs of the diverse industries that support the region. And, in 2009, the University of Houston-Clear Lake plans to open a campus in Pearland. The new campus will offer a convenient location for those looking to continue their college education and increase their professional development in subjects such as business and education. As the preeminent suburb community to Houston, Pearland offers the convenience of a 15-minute drive to all of the benefits Houston has to offer. Pearland’s corporate citizens benefit from Houston’s vibrant economy, which spans a broad spectrum of industries including health care, technology, oil and gas, aeronautics, and manufacturing. Second only to New York City, Houston is headquarters to 23 Fortune 500 companies. Commercially, Houston is ranked as a world city, and the area is a leading center for building oilfield equipment. Due to its large concentration of oil and gas expertise and experience, Houston is 20 AUGUST 2008 Port Freeport currently ranks 13th among U.S. ports in international cargo tonnage handled. With a current channel depth of 45 feet, which soon will be widened and deepened, and just three miles from the Gulf of Mexico’s open waters, Port Freeport offers more than 7,500 acres for future development. The port serves its customers through development and marketing of competitive world class navigational capabilities, technically advanced marine and multimodal terminal services, and portrelated industrial facilities while achieving profits and creating jobs as an economic catalyst for the Texas Gulf Coast. Port officials have embarked on their first major terminal development endeavor in four decades. “This new project is a direct product of Port Freeport’s master planning effort and comes at a critical time in our port’s history in which unprecedented growth is taking place,” said Port Commissioner J.M. “Mike” Lowrey at the groundbreaking. “The Velasco Terminal will facilitate Port Freeport having a still greater positive economic impact upon the community we serve.” Executive Port Director A.J. “Pete” Reixach Jr. says the Velasco PORT FREEPORT: A CATALYST FOR GROWTH the energy capital of the world. With a growth curve that extends well into the 21st century, abundant land and business facilities, a sound infrastructure, three foreign trade zones, and an ample and diverse workforce supported by educational programs, Pearland features all of the resources needed to operate a successful and profitable business. Terminal, which is to include the port’s seventh cargo berth, involves the completion of an initial 800-foot backland development. The entire Velasco Terminal project is planned for a total of 2,400 linear feet of berth space with approximately 100 acres of backland development that could handle as many as 800,000 to 1 million 20-foot equivalent container units each year. The Velasco Terminal plan already has attracted substantial interest from throughout the world. Culminating more than seven years of effort, the Freeport LNG (liquid natural gas) terminal on Port Freeport’s Quintana Island property is in operation, having received its first vessel shipment of liquefied natural gas in April. The $750 million project, developed by Freeport LNG Development L.P. and ConocoPhillips, already has been a generator of more than 1,500 construction jobs and will maintain a role as a significant force in the economic well-being of Port Freeport Managing Director Phyllis Saathoff (left) and Port Freeport Supervisor of Marketing and Public Relations Nancy Stephens. A S P E C I A L A D V E RT I S I N G S E C T I O N O F B U S I N E S S FA C I L I T I E S PHOTO CREDIT: GRIFFIN INTEGRATED MARKETING; ED CHRISTMAN

Table of Contents Feed for the Digital Edition of Business Facilities - August 2008

Business Facilities - August 2008 Contents First Word Snapshots Corporate Moves: Florida Economic Development 2.0 Everything's Big in Texas Aerospace Sites: Poised for Takeoff The Nebraska Advantage Metro Spotlight: Cullman, Alabama Special Focus: Louisiana Industry Focus: Financial Centers Advertiser Index Inside LiveXChange

Business Facilities - August 2008

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