Yorktown Crossing will boast anchored retail centers, strip retail, several small medical or professional buildings and 15 to 20 pad sites. Randall Tuller, vice president of Canyonlands tells GlobeSt.com the acreage at Texas 6 and West Little York is one of the last parcels of available land the highway stretch. "This area of Houston has seen tremendous growth," says Tuller. "Yorktown Crossing's location, frontage and internal traffic flow will make it well positioned to serve the existing and new consumer demand being generated by the growth."

Metro Study Corp. president Mike Inselmann says about 60,000 vehicles per day travel Texas 6. Tuller says Canyonlands' plan is to build the four-lane Yorktown Crossing Parkway that will connect Texas 6 and West Little York, which slated for expansion to four lanes in 2002.

All but one acre of the Yorktown Crossing tract was bought from Dallas-based American Realty Trust. The lone acre's seller was Exxon Mobil Corp. Dick Gould of McDade, Smith, Gould, Johnston & Co. represented American Realty Trust in the land sale, while Julie Lybrand represented Canyonlands.

Tuller says the parcel has about 110 saleable acres and the immediate plans are kick off work on the infrastructure. Office developers and retailers will be tasked with constructing their own buildings. Tuller didn't rule out Canyonlands won't develop some retail space on its own.

One 2.8-acre tract already has closed as CDI Development makes plans for Texas-newcomer CVS drug store. Scott Schillings of Boyd Page represented CDI. The 12,000-sf store will open in first quarter 2002.

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GlobeSt.com EXCLUSIVE: 122-Acre Buy Clears Way for Yorktown Crossing

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