Reinvestment Zone No. 25, Houston, Texas · Prepared by BusinessFlare®

Houston TIRZ 25 — Opportunity Sites & Development Strategy

A site-by-site development strategy that turned the Hiram Clarke / Fort Bend Redevelopment Authority's plan of work into four ranked, ready-to-market opportunity sites.

4priority opportunity sites
~24 acof development land assessed
2021-22plan of work prioritized
Overview

Turning a plan of work into shovel-ready opportunity

The Hiram Clarke / Fort Bend Redevelopment Authority, which governs City of Houston Reinvestment Zone No. 25, needed to move its 2021-2022 plan of work from strategy to action. BusinessFlare® translated that plan into a concrete, prioritized set of development opportunities across the zone's southwest-Houston footprint.

The engagement inventoried available land, mapped land use across the zone, and ranked four opportunity sites along the S. Main Street / US-90A and W. Fuqua corridors. Each site was profiled with a walking-radius market summary and a set of development options the board could carry to landowners, developers, and funders.

14.2 acflagship South Main Street parcel
4ranked sites, corridor-wide
5 mimarket overview radius
No. 25City of Houston Reinvestment Zone
Visuals

The opportunity sites

The work

Explore the work

How the plan of work became a ranked, market-tested development pipeline.

The plan's core strategy was to form public and private partnerships to guide land development within the zone — surveying and inventorying available land, studying best uses, and building a growth plan to promote to landowners, developers, and funders.

Findings
  • Take inventory of available land within the zone footprint
  • Conduct a best-use study for real estate development
  • Assess infrastructure improvements needed to raise tract value
  • Explore gifted-property opportunities with the City, State, and philanthropic partners

The zone's largest priority parcel was profiled with three scalable development options, from reusing the existing building to a full 14-acre buildout.

Findings
  • 14.2 acres at 14065 Main St.
  • Option 1: reuse the west building — health, dental, legal, fitness, offices
  • Option 2: a promenade / placemaking destination with a master-planned main street
  • Option 3: full development of the entire 14 acres

Three additional sites were prioritized and market-profiled, ranging from small infill retail to a combined 7.6-acre assemblage — with a recommendation to create infrastructure incentives where no specific site had yet been identified.

Findings
  • Site 2: W. Fuqua & Alrover St — 2.15 acres, adjacent to existing retail
  • Site 3: S. Post Oak Rd & W. Orem Dr — 0.4 acres; infrastructure incentive for targeted retail
  • Site 4: W. Fuqua & Blue Ridge — 7.6 combined acres
  • Each site paired with a walking-radius market summary

Each opportunity site was analyzed with walking- and driving-radius market summaries and a five-mile overview, alongside a grouped land-use map of the zone identifying single-family, commercial, industrial, and undeveloped tracts.

Findings
  • Per-site walking-radius market summaries
  • Walking and driving radius comparisons
  • 5-mile market overview
  • Grouped land-use map locating all four sites within the zone

The deliverable closed with a concrete next-steps roadmap for taking the opportunity sites to market and organizing the development ecosystem around them.

Findings
  • Identify public-private partnerships for funding
  • Actively market the growth plan to developers
  • Establish a Developers Bureau of developers, funders, forecasters, and planners
  • Consult a commercial broker and conduct developer tours, including drone-based virtual tours
By the numbers

Key points