Delayed Office Building Breaks Ground In Springwoods Village

Courtesy of Patrinely Group
Rendering Of Cityplace 1 In Springwoods Village

CityPlace 1 broke ground in Springwoods Village, adding a 150K SF office building to the mixed-use center.

This is the first multi-tenant office building in Springwoods Village and has been awaited for years. The development team of Patrinely Group, USAA Real Estate Co. and CDC Houston first announced the office component in 2014, when it started the mixed-use CityPlace plaza. At the time, it said the first office/retail building would deliver in 2015. The project was put on hold by the oil slump but was brought back to the table in May 2016 when the American Bureau of Shipping signed a pre-lease for CityPlace 2, a single-tenant building scheduled to deliver in October.

Single-tenant properties have been a strong suit for Springwoods Village, which sprang up around the Exxon Mobil campus and now includes properties for HP, Southwestern Energy, CHI St. Luke's and American Bureau of Shipping.

CityPlace 1 will have 123K SF of office space and 27K SF of retail. It will deliver in Q2 2019. JLL's Chrissy Wilson and Russell Hodges are leasing the office space, while Transwestern's Crystal Allen and Chace Henke are finding retail tenants.

At full build-out, CityPlace will have 4M SF of Class-A office, 400K SF of retail, a Marriott hotel and multifamily.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

1375 Peachtree: A Bespoke Design Redefining The Midtown Atlanta Workspace

Battersea Power Station Reveals Plans To Double Development Again

Crystal Residences Offers A Model For Delivering New Housing And Lasting Community Benefits In Coral Gables

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Apartments Kick Off New Era Of Mixed-Use Activity In Philly Navy Yard

16K SF Restaurant, Event Space Opens At 5POP Office: The Houston Deal Sheet

Stephen Ross Expands Palm Beach Empire With Massive Boca Raton Campus

SpaceX Sues Texas AG, Grimes County Over Terafab Project Information

Dallas Mavericks Launch Plans For New Arena-Anchored Entertainment District

Houston Healthcare's Race For Space Hits A Data Center Roadblock

3,500-Home Margaritaville Active Adult Community Coming To Texas City: The Houston Deal Sheet

EXCLUSIVE: Georgia-Pacific Scraps Conversion Plans For Its Atlanta HQ