Greater Houston is trying to get in on the corporate relocation bonanza that Austin and Dallas-Fort Worth have been a part of since the onset of the pandemic.
Houston’s economic strengths are in energy, aerospace, life sciences and manufacturing, and it’s welcoming a new corporate resident that fits that mold. San Diego–based Cellipont Bioservices is moving its headquarters from California to The Woodlands.
Cellipont signed a lease with Vitrian for its new digs in a 76,000-square-foot, two-story building. The New York City- and Bethesda, Maryland-based landlord services biomanufacturing firms, according to a Houston Business Journal report.
Terms of the lease were not disclosed.
Cellipont specializes in cell therapy contract development and manufacturing. The company’s facility will be used for manufacturing, process development, assay development and testing.
Houston-based Lead Construction will start construction on Cellipoint’s new facility in October and the first phase of the headquarters will be operational in the first half of 2023.
The building’s space will consist of office and support at 30 percent and 70 percent will make up manufacturing, labs, quality-control and warehouse areas.
The Woodlands is trying to revitalize “Research Forest Drive,” by targeting life sciences companies, Justin Brasell, executive managing director for health care and life sciences at Houston-based Transwestern, told the Houston Business Journal.
The Bayou City has attracted the likes of Exxon and Hewlett Packard Enterprise and possibly Chevron, the moves in Houston gaining attention are from long-time employers looking to move to smaller and more modern spaces and take advantage of an office market that seems to be in a reset mode.
Still, compared to the number of high-profile company relocations Austin and Dallas have attracted, Houston is playing catch up.
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