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.