News Archive
Today, Equipment. Tomorrow, Whole Facilities: Hydrogen Could Fuel A New Industrial CRE Revolution
April 1, 2024 - The traditionally oil and gas city that bills itself as The Energy Capital of the World is increasingly planning ahead for a clean fuel source that is seeing a surge of interest and federal funding: hydrogen.The energy source isn't fully powering any Houston commercial buildings...
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Houston-area chemicals projects land some of $6B decarbonization funding
March 25, 2024 - Three chemicals projects near the Houston area and the Texas Gulf Coast have been selected for federal funding to drive their decarbonization goals forward.Spring-based Exxon Mobil Corp. (NYSE: XOM), Denmark-based Ørsted and Germany-based BASF Corp. will negotiate funding for their projects through the Department of Energy...
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Oil Majors Race to Cash in on Carbon Storage in East Texas
March 9, 2024 - Oil rigs are drilling a new type of well in East Texas, where carbon dioxide pipelines, top-tier geology and a slew of industrial emissions are kicking off a race to cash in on climate-change-fueled incentives, writes reporter Amanda Drane.Chevron started drilling test wells last month for...
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H-GAC honors Mont Belvieu’s Park
February 12, 2024 - The Houston-Galveston Area Council recognized Mont Belvieu’s Hackberry Park-Phase 1 as an award winner in its annual Parks and Natural Areas Awards Program. “We are honored and excited to win H-GAC’s Parks and Natural Areas Award,” said Mont Belvieu Parks and Recreation Director Dustin...
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State gives Lee branch campus OK
January 25, 2024 - As good educators should, Lee College and Barbers Hill ISD crossed all their Ts and dotted all there Is before heading up the road to Austin. Maybe rubbed a rabbit’s foot, just to make sure.But, as hoped, the Texas Higher Education Coordinating Board approved Lee College&rsquo...
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Houston dominates national ranking for top-selling master-planned communities
January 11, 2024 - As homebuyers flock to new suburban Houston construction, the region has become the U.S. leader in home sales at master-planned communities tracked by residential real estate consulting firm RCLCO.Overall, 12 master-planned communities in the Houston area are among the national list of the 50 best-selling master-planned communities in 2023....
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Calpine’s Baytown CCS project Selected by the Department of Energy
December 13, 2023 - Today, Calpine announced that its Baytown Decarbonization project has been selected by the Office of Clean Energy Demonstrations within the Department of Energy (DOE) to negotiate to enter into a cost-sharing agreement to build a commercial-scale carbon capture and storage (CCS) project that will capture and store approximately two million...
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John Cockerill completes groundbreaking of new US gigafactory in Houston
December 8, 2023 - Continuing our progress in the clean energy sector, John Cockerill is proud to announce our entry into the North American market with our new gigafactory in Baytown, TX, where we will operate the first alkaline electrolyzer gigafactory in the US. The formal groundbreaking of our new gigafactory was celebrated on...
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Riceland community in Mont Belvieu to deliver first lots, start first commercial building
November 29, 2023 - Riceland, a master-planned community spanning more than 1,400 acres in Mont Belvieu in Chambers County, is set to deliver its first homesites and start construction on the town center’s first commercial building.The 144-acre first phase will include 417 homesites ranging from 42-foot alley-loaded lots to 70-foot traditional lots,...
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New logistics terminal opens along Texas Gulf Coast
November 13, 2023 - Project freight forwarder deugro announced it has opened a 96,775-square-foot operations and logistics terminal in Baytown, Texas, about 26 miles east of Houston.The facility offers access to the nearby Houston Ship Channel, as well as commercial ports in Houston and Galveston, according to Jeff Smith, deugro USA&rsquo...
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