Loch Cook with Page Partners in Houston tells GlobeSt.com that letters of intent are in play that, if closed, could fill the lion's share of the second phase of the $90-million town center. Trademark Property Co. of Fort Worth and Kimco Developers Inc. of New Hyde, NY, are partnering on the development, which broke ground six months ago. The entire project will be done by late 2005.

While scouting for additional prospects, Cook and Nick Hernandez, also with Page Partners, recently closed five leases for the first phase. Tommy Bahama's Tropical Cafe & Emporium reserved 11,500 sf; gardening retailer Smith & Hawken, 5,000 sf; Berryhill Tamales, 4,500 sf; Beauty First, 3,800 sf; and florist KaBloom, 1,300 sf. To date, 70% of the first phase has been pre-leased.

Keys will begin to turn this quarter for tenant finish-outs. Cook says Market Street will open in phases, with a grand opening planned for Nov. 13. The 78,000-sf Central Market, a specialty market owned by San Antonio-based H-E-B, will open doors July 23. A 26,000-sf Borders Books & Music opens Sept. 28.