Hotze also points out that, from a development standpoint, the project will be situated on the last commercial tract available at a major regional intersection. "In fact, we didn't decide to develop this until we had the opportunity to look at the best uses," he adds. "We came up with medical, retail, financial, restaurants and apartments."

Ultimately, the pent-up demand for class A medical office product steered the project toward that use. "What we're seeing in today's healthcare environment is decentralization; it's something we've seen during the past five to seven years," Gregory explains. Basically, many healthcare providers are branching out from Houston's core Medical Center district to move into suburbs and submarkets.

"They're figuring out how to cut costs, be more efficient in delivery of healthcare and to expand into key markets where there are strong demographics and strong payor mixes," Gregory explains. Those markets in the greater Houston area include Clear Lake, The Woodlands, Kingwood, Pasadena – and Sugar Land. "There's around 1.6 million square feet of medical office space in the county; our average occupancy in Sugar Land for medical is in the 90%-plus category," Gregory says.

Gregory says he's targeting physician groups for possible tenancy, focusing on specialties such as dialysis, dermatology and ophthalmology. "We're going after physician groups that want a class A medical environment," he adds.

River Pointe's first phase is scheduled for Q3 2014 delivery. The second phase, a 28,000-square-foot, two story building will go north upon completion of phase one. Tony Armstrong and Craig Varney, vice presidents at Transwestern, will lease the retail property, scheduled for completion in 2014. Kirksey Architecture is the architect of record.