(HOUSTON, TX) –Midway’s East River today announced a significant new office lease agreement with Orion Group Holdings, Inc. (NYSE: ORN). The Houston-based leader in marine and onshore specialty construction services will establish its new 63,519 square-foot global headquarters across three full floors in Buildings 1 and 2.
"We are thrilled to welcome Orion Group Holdings to East River,” said Brad Freels, Midway’s Chairman and CEO. “Joining leading companies like Anton Paar USA, Suderman & Young, and Port Houston who are establishing their headquarters here, their presence underscores the development's appeal to leading companies and its burgeoning role as a hub for maritime-linked industries."
Serving the infrastructure, industrial and building sectors, Orion Group Holdings, Inc. provides specialty construction services both on and off the water in the continental United States, Alaska, Hawaii, Canada and the Caribbean Basin through its marine segment and its concrete segment. The company’s new East River headquarters will feature flexible workspaces, advanced technology infrastructure, and access to East River’s vibrant retail, dining, and recreational amenities, as well as the Buffalo Bayou trail system, with future water taxi services enhancing connectivity.
“We are thrilled to announce the consolidation and move next year of our three Houston offices, including our headquarters, to the East River location, a vibrant community near downtown Houston that embodies our commitment to innovation, collaboration, and excellence,” said Travis Boone, CEO of Orion Group Holdings. “What makes this move even more special is that we will be relocating into two buildings constructed by our very own concrete segment. This new location will not only bring our teams together under one roof, but it will also provide a dynamic environment that fosters growth and creativity. As we continue to expand, this move is a key step in our strategy to attract and retain top talent here at Orion. We are excited to contribute to and be a part of the thriving East River community and look forward to the opportunities it will bring for our employees and the broader Houston area.”
Construction on East River’s first phase is complete, and several office tenants have moved into their new spaces including Impact Networking, Method Architecture, TEAL and Suderman & Young. OJB Landscape Architecture has moved into their new building, one of the first “Studios” for-sale office buildings, and The Laura multifamily community has welcomed its first tenants. A host of retail, dining and entertainment establishments are set to open this fall, further enhancing the live-work-play environment. Confirmed tenants include City Cellars HTX, CoolxDad, Kyuramen, La Calle Tacos & Cantina, Lick Honest Ice Creams, Tomi Jewelry, URBN Dental, EADO Eye Studio, Houston Maritime Center + Museum, Le Tesserae by The Astorian, and Champions Mortgage. Midway is developing a new headquarters for Port Houston within East River’s first phase and Anton Paar USA has purchased a prime tract within the mixed-use development where it plans to construct its new South Region headquarters.
Orion is taking the last remaining full office floors at East River, marking a 95% leased milestone in the development's office leasing progress. Currently, available office spaces include several spec suites, two 10,000 square-foot Studios for sale, and a 135,000 square-foot build-to-suit opportunity. Land sites are also available for additional uses.
The lease agreement for Orion Group Holdings was brokered by Collin Grimes and Bill Boyer from CBRE, along with Amanda Nebel from Parkway, representing Midway and East River. For more information about leasing opportunities, visit East River's website.
###
ABOUT EAST RIVER
Midway’s East River is one of the most impactful urban revitalizations for a generation in Houston’s urban core. East River’s 150 acres of carefully designed, multi-phase, mixed-use development will transform the city’s waterfront east of downtown into a new economic center. Designed to grow and evolve through multiple phases, East River is ideally positioned to serve a wide range of residents, innovative and globally competitive companies, cutting-edge retail and restaurant concepts, and a host of institutional, educational and recreational opportunities. The project’s early phases of development set the tone for a world-class collection of districts by focusing on connecting Houston’s urban fabric to central green spaces, active transportation, upgraded infrastructure and an impressive mile of waterfront along Buffalo Bayou.
East River is developed by Midway and managed and leased by Parkway. For more information visit www.eastriverhtx.com. To stay up-to-date on East River’s progress, follow along on Facebook, Instagram and Linkedin
