HOUSTON— Stream Realty Partners will break ground this month on The Center at Pearland Parkway, a 165,000-square-foot retail power center in Pearland south of Houston. Construction on the development will begin later this month and is slated to deliver in the fall of 2014.

The center's 27-acre site is located at the northwest corner of FM 518 and Pearland Parkway adjacent to a new HEB grocery store anticipated to open in the first quarter of 2014.   Center at Pearland will be anchored by national retailers, Ross and TJ Maxx and Stream told GlobeSt.com that they working on several other deals and expect to announce additional tenants soon.

"Stream has committed to building a high quality power center that we are confident will serve the needs of the community for decades to come," said Ralph Tullier, managing director of Stream Realty's retail division in Houston. "A combination of tremendous housing growth in the trade area, and the development of both The Center at Pearland Parkway and the new HEB store, will further solidify this intersection as the dominant retail location in east Pearland."

Pearland's proximity to Downtown and the Texas Medical Center have driven home growth and attracted Stream to the area.

"Our development provides retailers with great spacing between the major retail nodes in west Pearland and Baybrook trade areas," said Mark Sondock, managing director of Stream Realty's retail division in Houston. "The Center at Pearland Parkway will provide the population in east Pearland, Friendswood and Alvin with more convenient access to a variety of shops, restaurants and service retailers."
Stream Realty Partners will also provide leasing and management services.