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25,000-SF Retail Project Ready to Start

HOUSTON-With an estimated $4-million price tag, Windemere Village construction gets underway within 45 days on a 3.5-acre tract at the intersection of North Eldridge Parkway and FM 1960 West. A 10-year lease to Pei Wei Asian Diner kicks off the development.

By Jennifer Brenner Andrade | Updated on March 16, 2004

HOUSTON-A 25,000-sf shopping center will break ground within 45 days on a 3.5-acre tract at the intersection of North Eldridge Parkway and FM 1960 West in northwest Houston.

The Windemere Village project is ramping up with a 4,000-sf lease to Pei Wei Asian Diner, which signed a 10-year contract for end-cap space. The shopping center, which includes a “for sale” pad site, will cost about $4 million to develop, David K. Meyers, senior vice president of NewQuest Properties, tells GlobeSt.com. He and NewQuest’s Dean Lane, director of brokerage and development, are developing Windemere Village along with Randy Wile, owner of the locally based Wile Interests. The project will deliver in August.

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