(For more retail coverage, click GlobeSt.com/RETAILthe multifamily market, click here.)
KATY, TX-With its first retail phase 60% preleased, VistaEquities Group and its Denver-based partner, Amstar Group, willbreak ground on an $80-million second phase for LaCenterra at CincoRanch. In May, work will start on 160,000 sf of retail and 230residential units, all planned for completion in fall 2008.
The development partners are in the process of wrapping up workon the $60-million first phase for LaCenterra, where 170,000 sf ofretail and 90,000 sf of office space is delivering at 23501 CincoRanch Blvd. The 34-acre, 700,000-sf development got under way inlate January 2006.
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