HOUSTON-Two commercial real estate developments and five master-planned communities (one with a commercial real estate component) were named "Quality Planned Developments" by the West Houston Association. The 37-acre mixed-use CITYCENTRE and the 630-acre Vintage, a medical park were honored with the designation, as were five master-planned communities, at Feb. 20 reception.
CITYCENTRE, developed by Midway Cos., on the site of the former Town & Country Mall, offers 1.8 million square feet of retail, entertainment and class A office space, along with convention facilities, a hotel and a residential component. The Vintage, in the meantime, is a project under development by V&W Partners, a joint venture between Kickerillo Cos. and Mischer Investments. The Vintage houses St. Luke's Hospital, Kelsey Seybold Clinic and Reliant Rehabilitation Hospital, along with H-E-B, element Hotel by Westin, the Vintage Park lifestyle shopping center and multi-family and single-family residential.
The other master-planned projects are the 11,400-acre Bridgeland, owned by the Howard Hughes Corp. and managed by The Woodlands Development Co. (which includes a 900-acre town center); the 8,000-acre Cinco Ranch (Newland Communities); the 3,200-acre Cross Creek Ranch (Johnson Development Corp.); the 1,600-acre Cypress Creek Lakes (Mischner Development) and the 38.5-acre Wyndehaven Lake Estates (Terra Visions LLC).
According to a press release from the West Houston Association, the "Quality Planned Devleopment" designation was put into place to prevent hastily conceived residential and retail development that might occur due to the explosive population growth anticipated in west Houston.
“These Quality Planned Developments exemplify the type of outstanding development we want to see continue in West Houston,” says Roger Hord, president and CEO of the 33-year-old organization in a press release. “This area is expected to have 2.8 million residents and an employment base of 1 million by 2050. We want the development supporting that growth to be superior, sustainable projects."
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