Unless you live under a rock, you know how hot retail is in Houston. As the grocery wars rage on all across the Houston area, developers are making big moves. With the pipeline full, here's all you need to know about the nine largest projects under construction.
Grocery-anchored shopping centers continue to dominate. All of the largest projects are underway in suburban submarkets where population growth has driven developers seeking opportunity. With three projects near The Grand Parkway, the new thoroughfare is having quite the impact.
Westlake MarketPlace |
Size: 600k SF
Submarket: Near Northeast
Grocery-anchored: Yes, Kroger
Developer: Fidelis Partners
Delivery Date: 2016
Grand Parkway Marketplace |
Size: 475k SF
Submarket: Far North
Grocery-anchored: No
Developer: KIMCO
Delivery Date: Q1 2018
Shops At Boulder Creek |
Size: 450k SF
Submarket: Old Pearland/Alvin
Grocery-anchored: No
Developer: Read King
Delivery Date: Q2 2016
The Shoppes At Parkwest |
Size: 450k SF
Submarket: Far Katy North
Grocery-anchored: No
Developer: Medistar/The Retail Connection
Delivery Date: Oct 16, 2016
Baytown Mall (Redevelopment) |
Size: 270k SF
Submarket: Baybrook/Clear Lake
Grocery-anchored: No
Developer: Fidelis/Boucher Design
Delivery Date: 2017
Stableside At Falcon Landing |
Size: 235K SF
Submarket: Katy/Cinco Ranch
Grocery-anchored: Yes, Kroger
Developer: NewQuest
Delivery Date: 2017
Main Street Kingwood |
Size: 215K SF
Submarket: Kingwood
Grocery-anchored: Yes, HEB
Developer: Lovett Commercial
Delivery Date: Q3 2016
Market At Crenshaw |
Size: 160K SF
Submarket: Gulf Freeway/Pasadena
Grocery-anchored: No
Developer: Ley-Wilson/H5
Delivery Date: Q1 2017
Marketplace At Ninety-Six |
Size: 158K SF
Submarket: Old Pearland/Alvin
Grocery-anchored: Yes, Kroger
Developer: NewQuest
Delivery Date: Oct 16, 2016
Massive thanks to Rachel Alexander at Transwestern for compiling the data.
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