HOUSTON--Hunington Properties Inc. has purchased 3.3 acres in the Wolff Cos.' Ten Oaks, an 83-acre master-planned development in the energy corridor, for development of The Shops at Ten Oaks.
Construction is expected to begin in the spring on the center, which includes a free-standing quick service restaurant and an additional 20,000 square feet of general retail space.
"We are very pleased to have completed our second transaction with Hunington Properties in Ten Oaks," David S. Wolff, chairman and president of Wolff Cos., told GlobeSt.com. "With the growth in single-family and multifamily housing in the area, not to mention the two highly successful hospitals, several hotels and multiple new office buildings in Park 10 immediately to the east, The Shops at Ten Oaks will add much needed retail options to the area."
Located at the northwest corner of Barker Cypress Road and Park Row, The Shops at Ten Oaks will be developed next to the newest Hunington Residential multifamily project, The Vic on Park Row. The project will also be adjacent to Western International's Courtyard by Marriott, which opened in 2015, and its Hampton Inn & Suites, which is currently under construction. The development also is located within the Texas Medical Center – West Campus, where Texas Children's Hospital and Methodist Houston Hospital are both undergoing significant expansions.
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