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    Real Estate Rumblings

    Oil giant's old grounds to be turned into a $1 billion development: From chemical campus to luxury digs?

    Ralph Bivins
    Jan 17, 2014 | 5:11 pm

    The 35-acre Exxon Mobil Chemical campus on the Katy Freeway in west Houston has been purchased by a developer planning to build $1 billion mixed-use project with office buildings, shops, a hotel and residential units.

    Houston-based PM Realty Group will be developing the site in conjunction with Atlas USA Holdings of Greenwich, Conn. The site is on the south side of the Katy Freeway and west of North Eldridge Parkway.

    “Our vision is to create a strong sense of place within a premier business community. Here, all of the corporate user’s needs will be met in one location, unlike the single purpose office park that forces users into automobiles to obtain amenities and services,” says Dan Leverett of PM Realty Group.

    Exxon Mobil Chemical will continue to use its offices there until 2015 when it relocates.

    Plans for the project are not finalized, but the new development is expected to be an urban-styled project.

    “Together, we intend to transform this highly desirable land into a distinctively special development, unparalleled in the Corridor, in which to live, work, play, and learn,” says Rick Kirk, PM Realty Group chairman and chief executive officer.

    The site has frontage on Memorial Drive and Interstate 10 and it borders Terry Hershey Park.

    Exxon Mobil Chemical will continue to use its offices there until 2015 when it relocates to the new Exxon Mobil campus, just south of The Woodlands.

    Exxon Mobil is vacating a number of its office facilities around Houston, including its downtown skyscraper, to make the move to its new 400-acre campus on the north side of Houston The new Exxon Mobil campus, which will have three million square feet of office space in 20 new buildings, is reportedly the largest privately-owned construction project currently underway in the nation.

    The Exxon Chemical site on the Katy Freeway is in the heart of Houston’s Energy Corridor, where scores of energy companies have their offices. A number of office buildings are under construction in the Energy Corridor and the vacancy rates in Energy Corridor office building have reached a record low of three percent, according to the CBRE Group.

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    news/real-estate

    Home on the Range

    Houston firm creates an eco-friendly escape on historic Texas tract

    Emily Cotton
    Apr 17, 2026 | 10:30 am
    Gates Crossing home exterior
    Courtesy of Gates Crossing
    Homes at Gates Crossing average 4,000 square feet.

    When Scott Frankel completed construction on his ranch property less than an hour’s drive West of Houston, the premier luxury home builder knew that the pristine wilderness surrounding the Brazos River in Washington County was something to be shared—and protected. A few years and 1,836 acres later, Frankel Design Build’s Gates Crossing development offers 40 premium ranch sites surrounding a 600-acre private game reserve.

    Developed on land originally settled by Amos Gates, one of Stephen F. Austin’s “Old Three Hundred,” the property honors its past with thoughtfully-preserved landmarks, including the historic Gates-Perry Family Cemetery and partnerships with the Texas Historical Society. Frankel Design Build made a financial contribution to support the Society’s restoration of nearby Washington-on-the-Brazos and the construction of a new museum celebrating the area's foundational role in Texas statehood.

    The complete restoration of the Gates-Perry Cemetery is something Frankel is particularly proud of. While not forgotten, the cemetery had fallen into disrepair, and a handful of haphazard restoration attempts failed to stand the test of time. Frankel Design Build tapped into their network of specialty masonry trades to restore the cemetery walls to their former glory. A dedication ceremony ensued, and Revolutionary War hero William Gates was honored with an America 250 grave marking, a prestigious recognition from the Daughters of the American Revolution and the Sons of the American Revolution. The four-acre cemetery and surrounding park are managed by the HOA and will never be developed.


    View this post on Instagram
    A post shared by Gates Crossing at Washington on the Brazos (@gatescrossing)


    For a master-planned community, the word “undeveloped” gets tossed around a lot during a conversation with Frankel, who is co-president of Frankel Design Build with his brother Keven. The 40 ranch sites, ranging from 15 to 160-acres, plus Gates Reserve are the draw. Exclusive to residents, the reserve offers premier hunting, horse riding and ATV trails, a shooting range, and uninterrupted access to native wildlife and riverside terrain. Individual sites include stocked ponds for fishing, plus a larger pond site being developed in the reserve for duck hunting—those are the amenities, no fuss.

    “We wanted to cut down on common areas that aren’t something that can be enjoyed on your own,” Frankel tells CultureMap. “Instead of going in and doing what a lot of people do in new neighborhoods, which is put in the token pickle ball courts, tennis courts, basketball area — or worse, a restaurant — you’re sort of going out there to not do that. There are cute towns [like Chappell Hill] that are really close, that’s where you want to be for that. You’re doing this to kind of get out of the city, but the idea is to go out there and walk around in shorts and flip-flops, it’s more of a place to not be seen.”

    The surrounding natural landscape is further protected through Frankel’s environmentally-conscious building practices. The firm remains the only production builder in Texas certified under the LEED for Homes program, providing significant energy efficiency, insurance, and tax benefits to buyers while safeguarding the natural surroundings. Frankel shares that each home will be LEED certified, as long as it does not exceed the maximum size requirement, which he finds unlikely.

    “It’s as sustainable of a home that can be built out there,” he explains. “It’s Mother Nature, and we need to be mindful of her needs. We’ve done a good job of creating an architectural style that’s very cohesive. We are just developing a place to be a part of, just a small gated community. It’s just a different lifestyle, and so far we’ve been able to find clients that are really catching on to it. Its been really cool.”

    Each home in Gates Crossing is built through Frankel’s fully-integrated design-build process, encompassing architecture, interior design, construction, pool and outdoor living, and post-completion support through Frankel Home Care, a 24/7 concierge maintenance service powered by an intuitive digital portal. The firm also owns and operates AVEA Pools & Outdoor Living, offering design and construction for outdoor environments seamlessly aligned with each home.

    “The neighborhood is really about creating a long term place, where 10 years from now — when these are family ranches — people will forget about it as a development, but they will look at it as a very successful, safe place where everything is insulated and looks harmonious.”

    The newly-restored Washington-on-the-Brazos is one of Gates Crossing’s non-amenity-amenities. Known as “The Birthplace of Texas,” after the Texas Declaration of Independence was signed there on March 2, 1836 (eagle-eyed readers will note that the year matches the acreage of Gates Crossing), the Republic of Texas Complex includes a visitors center, the Star of the Republic Museum, Independence Hall, Barrington Living History Farm, and so much more.

    “The people who run it are fantastic,” says Frankel. “These are archeologists and historians who have been out there and are basically rebuilding the town square, it’s unbelievable. What they are doing will become a real attraction, like The Alamo.”

    Ranch sites begin at $850,000. Two speculative homes have been completed and are priced at $3,150,000. The main showhouse has been thoughtfully decorated by Houston interior designer Alexandra Killion, and potential buyers can set up viewing appointments with Samantha Medve, Medve Real Estate LLC (sam@gatescrossing.com) and Courtney Robertson, Compass Real Estate (courtney@gatescrossing.com).

    Gates Crossing home exterior

    Courtesy of Gates Crossing

    Homes at Gates Crossing average 4,000 square feet.

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    news/real-estate
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