Live Work Play Development has Widespread Appeal

Market at Springwoods is more than 80% leased and committed.

HOUSTON— The Market at Springwoods Village , located at the intersection of Holzwarth Road and Grand Parkway, is a 170,000-square-foot project within a 1,800-acre, mixed-use community. The Market is situated along the west side of Interstate 45, between Springwoods Village Parkway and the Grand Parkway. Designed for sustainability, the project is expected to apply for LEED Silver certification when completed. The nature-inspired residential and commercial community will provide diverse housing options, civic facilities, outdoor recreation and a 60-acre CityPlace with office space, shopping, dining and lodging in an urban, walkable environment. The project, which is expected to complete in the first half of 2017, will be anchored by a Kroger Marketplace and will include a mix of national, regional and popular local tenants, such as Chick-fil-A, Torchy’s Tacos, Zoe’s Kitchen, MOD Pizza, Tarka’s Indian Kitchen, Cold Stone Creamery, Lovett Dental, Supercuts and Nails of America . Several new tenants have also recently joined the mix. Regency Centers Corporation is the owner, operator and developer of grocery-anchored shopping centers nationwide, including The Market at Springwoods Village. Abe Pacetti , vice president of investments at Regency, tells GlobeSt.com: “We knew there was a need in the local market for more dining options. In the early stages of merchandising, we focused on finding a variety of restaurants that would appeal to our customers’ daily needs at various price points. Our focus now shifts to satisfying a mix of service uses, and health, beauty and wellness opportunities that complete the well-merchandised shopping center.” Momentum for the project has increased since the initial announcement, with the center already being more than 80% leased and committed. This warm reception by the market is a strong indicator of the success to come for the project. “Things couldn’t be progressing better,” said Pacetti. “We will continue to pursue tenants that embody the live, work, play environment that is being built in Springwoods Village. Given its location and current tenant line up, this property is poised to be a powerful addition to an already vibrant area.”