Construction to begin on 60-Acre Mixed Use Development in Houston

Gulf Coast Commercial Group, Inc, a Houston-based firm specializing in retail development, management and leasing, will begin site preparations next month for the first phase of Magnolia Village. The mixed-use project at FM 1488 and Spur 149, will eventually span 60 acres. Primary phase one construction will encompass 36 acres and incorporate three retail buildings totaling 10,000 square feet each. In addition, plans call for 300 multifamily units on nearly 12 acres developed by Trammel Crow Residential.

Two, additional 10,000-square-foot retail buildings fronting Spur 149, two inward facing retail buildings and three big box storefronts with to be determined square footages are also in the planning stages. The entire retail portion of phase one is being designed by Houston-based Identity Architects.

Court Richardson and Thomas Holdsworth of Houston-based Ironbridge Realty Partners will be marketing the first phase of multi-tenant retail and restaurant spaces fronting FM 1488 and Spur 149. An estimated time of completion was not disclosed.