(Read more on the multifamily market.)
RICHMOND, TX-A Houston developer today will begin work on a2,000-acre mixed-use development. The $1.5-billion Aliana's firstphase will be residential development, with up to 500 acres setaside to support two million sf of commercial space.
Aliana will sit on the east side of Grand Parkway at itsintersection with FM 1464, just west of Sugar Land. The firstcommercial development will be a 150,000-sf H-E-B grocery storewith a fueling station as the anchor for 15,000 sf of inline space.The San Antonio-based H.E. Butt Grocery Co., which bought 21 acres,plans to open the store in about three years.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
