The overview
The American Center for Manufacturing and Innovation, or ACMI, which is leading the development of the 207-acre business park, announced new development partners and released renderings for the next phase of the project.
Houston-based real estate investing firm Griffin Partners has been selected as co-developer, while planning firm Gensler will lead design, according to a June 4 news release from ACMI. Engineering company Walter P. Moore will serve as the civil engineer.
Meanwhile, KBR, a Houston-based engineering firm, will be one of the park’s anchor tenants. KBR plans to open a 45,000-square-foot food innovation facility, Community Impact previously reported.
Quote of note
“Exploration Park is an exciting opportunity to build a place where ideas for the future of space exploration can take shape,” Fred Griffin, chairman and founder of Griffin Partners, said in the news release.
Some context
Exploration Park is expected to support missions to the moon, Mars and orbit through research and manufacturing with the help of private, public and educational entities. Texas A&M’s $200 million Space Institution is the cornerstone project of the development and broke ground last November.
The development will total around two dozen suites built to suit the entity moving in and will cover more than 1 million square feet of space. It is expected to be largely built out by 2026, Community Impact previously reported.
Remember this?
Shortly after Texas A&M signed the lease for the spot in 2024, NASA announced ACMI as the primary developer for the project. Earlier this year, Chicago-based real estate company JLL was selected to lead leasing efforts.
