Business

Hanover Co. Breaks Ground on New Houston Industrial Project

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Hanover Co. has started construction on its second industrial development in Houston since the company launched its industrial division in 2021. The move highlights the steady demand for new warehouse and logistics facilities across the metro area.

The project adds another large-scale industrial site to Hanover's growing footprint in the region. Although the company is best known for multifamily developments, its investment in industrial real estate continues to expand as supply chain needs evolve.

Expanding Industrial Investment in Houston

The new project strengthens Hanover's position in one of the nation’s most active industrial markets. Developers continue to target Houston because distribution and manufacturing companies want modern, flexible space. Many firms also seek access to major highways and proximity to the Port of Houston.

Hanover’s latest development follows the company’s first local industrial project, which broke ground soon after the industrial division launched. The ongoing activity shows that demand remains strong, even as national industrial growth cools.

While project details have not been fully released, company leaders say the site will cater to businesses that need efficient operations, higher clear heights, and improved truck access.

Why It Matters for Houston

Industrial development plays a key role in supporting regional employment and commerce. As more companies shift to e-commerce and streamlined distribution models, the Houston area must keep evolving its industrial base.

  • New facilities create construction jobs and long-term operational roles.
  • Modern industrial space attracts companies that want to expand in the region.
  • Houston businesses gain more local options for storage, logistics, and production.

These projects help strengthen Houston’s broader economic resilience by supporting the supply chain network that local employers rely on every day.

What’s Next

Hanover Co. expects to release more details as construction progresses. Leasing is likely to begin before completion, given the continued demand for high-quality industrial space across the metro area. The company also plans to explore additional Houston-area sites as part of its long-term industrial strategy.

Industry analysts say developers will keep watching local absorption rates, transportation trends, and regional infrastructure projects to determine where the next wave of industrial construction will land.

This article is a summary of reporting by The Business Journals. Read the full story here.