Ferguson Family to Start Office Condos in Houston

Office condos are coming to a long-awaited mixed-use development in Houston known as District West.

Ferguson Family Partnership expects to start construction soon on the second of two for-sale projects within the 100-acre development, near the southeastern corner of the Westpark Tollway and Grand Parkway, the Houston Business Journal reported.

Construction for the $12 million project called Grand Park Pro, at 7103 South Peek Road, began about a year and a half ago. The development’s first phase, comprising three buildings, has already been completed and is sold out. The second phase, which consists of four buildings, is 65 percent sold.

The firm’s $14 million development at 21611 FM 1093, called Grand Park West, is still in the permitting process. Construction for Grand Park West is expected to start in the next two months.

These two developments have a combined 83,750 square feet of Class A office space, each sitting on five acres.

Ferguson Family Partnership is led by brothers Bobby and Corey Ferguson, while Milton Allen serves as a consultant. Bobby Ferguson and Allen have launched several projects under their “Grand Park” brand. They are also planning two office condo projects in the Pearland area.

District West will be part of Parkway Lakes — a 1,300-acre master-planned community south of Houston’s Cinco Ranch area. District West is slated for 500,000 square feet of retail and restaurant, plus office, health care and hospitality, carrying an estimated cost of roughly $500 million. The developers expect to start vertical construction in the fourth quarter of this year.

District West currently houses a Kelsey-Seybold Clinic, country dance hall, Whiskey River restaurant and a theater opened by Star Cinema Grill. The developers had previously secured leases for Luna y Sol and Los Cucos Mexican Café, but the pandemic caused those contracts to fall through.

—Quinn Donoghue