Business Booming in Nassau Bay Thanks to Orion

When NASA awarded a $7.5 billion contract to Lockheed Martin Corp. to build Orion, the next-generation spacecraft, there was speculation that the office market around Nassau Bay would rocket.

Well, there’s news. Lockheed Martin has leased 80,000 square feet at 2400 NASA Parkway in Nassau Bay. This is the first lease to come from the contract, according to the Bay Area Houston Economic Partnership.

The work to build the shuttle’s successor is expected to create about 1,100 jobs. Numbers fluctuate, but Lockheed Martin Space Operations has more than 1,000 employees in the region and offices at 2625 Bay Area Blvd.   Read more

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