KINGWOOD, TX-The local media reports that Jefco Development Corp. and Crestwood Realty Group are readying to launch construction on the 600,000-square-foot Kingwood Parc City Center. The $100 million, mixed-use development will consist of retail, office and restaurant space, and multifamily units.
Kingwood Parc City Center is at SH 59 and Kingwood Dr. and is part of the 10,000-acre master-planned community of Kingwood. Kingwood, located northeast of Houston, was launched during the late 1960s.
The retail development will consist of approximately 244,000 square feet of grocery anchored and/or neighborhood shopping centers, along with restaurants and fast-food pads. At this point in planning, office space will total less than 200,000 square feet. Transwestern is handling the retail leasing of the property.
For more information about Kingwood Parc City Center, click here.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
