Vintage Park in the Great Northwest of Houston. Expect corporate offices, luxury homes, condos, lakes and a large park that will be an integral part of the Cypress Creek Greenway Project.
Vintage Park Houston
Not all trees will be lost. Though, I love the forests there, they would have been gone sooner or later. At least they will keep tree canopy, and work around most trees.
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500,000-SF Retail Play Leads 84-Acre Plan
By Amy Wolff Sorter
Last updated: July 28, 2006 06:45am
HOUSTON-Land once considered in the boonies is now a hotspot for growth as seeds are planted for the first phase of the $1-billion Vintage Park. The northwest Houston development gets under way with a 500,000-sf lifestyle center, an estimated $125-million to $150-million project.
Experts, familiar with the project, tell GlobeSt.com that the 462-acre master-planned development--the former Hewlett-Packard campus--is especially important to the area. Houston-based developer Interfin's first phase will take up 31 of the 84 acres earmarked for lifestyle projects. The center will sit on the southeast corner of the Louella Road-Texas 249 intersection. Just this month, the San Antonio-based grocery chain H-E-B made a 15-acre commitment for a 105,000-sf store. According to Interfin's Matt Waller, discussions are under way for nearly 100,000 sf. The first space will be turned over to tenants in summer 2007 for finish-outs. "The goal is to have this 100% leased by 2008," he tells GlobeSt.com.
"Preleasing hasn't been an issue here," says Curtis Henderson, a CB Richard Ellis vice president in Houston. "We're talking to a whole host of restaurants of every imaginable venue. Lifestyle tenants are looking at it too."
Henderson says the retail quotes range from the upper $20s per sf to the low $30s per sf, triple net. Tenant-improvement allowances are being quoted at $18 per sf for retailers and $30 per sf for restaurants.
By Amy Wolff Sorter
Last updated: July 28, 2006 06:45am
HOUSTON-Land once considered in the boonies is now a hotspot for growth as seeds are planted for the first phase of the $1-billion Vintage Park. The northwest Houston development gets under way with a 500,000-sf lifestyle center, an estimated $125-million to $150-million project.
Experts, familiar with the project, tell GlobeSt.com that the 462-acre master-planned development--the former Hewlett-Packard campus--is especially important to the area. Houston-based developer Interfin's first phase will take up 31 of the 84 acres earmarked for lifestyle projects. The center will sit on the southeast corner of the Louella Road-Texas 249 intersection. Just this month, the San Antonio-based grocery chain H-E-B made a 15-acre commitment for a 105,000-sf store. According to Interfin's Matt Waller, discussions are under way for nearly 100,000 sf. The first space will be turned over to tenants in summer 2007 for finish-outs. "The goal is to have this 100% leased by 2008," he tells GlobeSt.com.
"Preleasing hasn't been an issue here," says Curtis Henderson, a CB Richard Ellis vice president in Houston. "We're talking to a whole host of restaurants of every imaginable venue. Lifestyle tenants are looking at it too."
Henderson says the retail quotes range from the upper $20s per sf to the low $30s per sf, triple net. Tenant-improvement allowances are being quoted at $18 per sf for retailers and $30 per sf for restaurants.
Another article:
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07/26/2006 - 500,000 SF Upscale Lifestyle Shopping Center Breaks Ground in Northwest Houston.
New Center, developed by Interfin, the creators of Uptown Park, to bring extraordinary European Village atmosphere to area.
Houston, Texas – Construction is underway on a new 84-acre mixed-use development located on former Hewlett-Packard’s property at 249 and Louetta Road in northwest Houston. The development is known as Vintage Park and is scheduled for completion in summer of 2007.
The Vintage Park Lifestyle Center will consist of a series of twelve buildings in a towncenter lifestyle configuration, complete with pedestrian friendly sidewalks and public parking fronting all of the buildings. The project is owned by Vintage Park LLC, a partnership led by the Interfin Companies LP. “My vision is to create a retail environment that becomes a destination for northwest Houston,” says Giorgio Borlenghi, President of the Interfin Companies, “Much like what Uptown Park is to the Galleria/Uptown Houston district.”
The Lifestyle portion of the development will have approximately 327, 000 SF of ground floor space and up to 27,000 SF of second-story office space. All four bank pads are under contract to Amegy Bank, Bank of Texas, Laredo National Bank and Trust Mark National Bank. H-E-B signed on in mid July 2006 for 15-acres with plans of a 105,000 SF supermarket. Current lease negotiations include restaurants, spas and lifestyle tenants. 30-acres is also available for future development.
Vintage Park will be reminiscent of an Italian shopping promenade with hand-laid pavers creating a cobblestone street effect, stucco and stone column walkways, clay tile roofs and mosaic ornamental details. The Piazza, the central core of the center, will consist of a series of fountains and gardens surrounded by restaurants and covered by an arched portico.
“The foremost success of any development is location.” says Curtis Henderson, Vice President, CB Richard Ellis, “Vintage Park is conveniently located on the right side of the returning home traffic of a major freeway, Highway 249 and Louetta, and with construction of a neighboring master-planned community, Vintage Park will be first-of-its-kind for northwest Houston.”
Demographically, Vintage Park has a population of 78,662 at three miles with an average household income of $105,265. Hewlett-Packard’s headquarters are across the street along with 3,000,000 SF of office space and a daytime population of between 6,000 and 10,000 workers.
For information regarding this project and leasing opportunities, please contact Curtis Henderson, Vice President, or Elizabeth Bowman Clampitt, Associate, of CB Richard Ellis at 713.840.6500.
New Center, developed by Interfin, the creators of Uptown Park, to bring extraordinary European Village atmosphere to area.
Houston, Texas – Construction is underway on a new 84-acre mixed-use development located on former Hewlett-Packard’s property at 249 and Louetta Road in northwest Houston. The development is known as Vintage Park and is scheduled for completion in summer of 2007.
The Vintage Park Lifestyle Center will consist of a series of twelve buildings in a towncenter lifestyle configuration, complete with pedestrian friendly sidewalks and public parking fronting all of the buildings. The project is owned by Vintage Park LLC, a partnership led by the Interfin Companies LP. “My vision is to create a retail environment that becomes a destination for northwest Houston,” says Giorgio Borlenghi, President of the Interfin Companies, “Much like what Uptown Park is to the Galleria/Uptown Houston district.”
The Lifestyle portion of the development will have approximately 327, 000 SF of ground floor space and up to 27,000 SF of second-story office space. All four bank pads are under contract to Amegy Bank, Bank of Texas, Laredo National Bank and Trust Mark National Bank. H-E-B signed on in mid July 2006 for 15-acres with plans of a 105,000 SF supermarket. Current lease negotiations include restaurants, spas and lifestyle tenants. 30-acres is also available for future development.
Vintage Park will be reminiscent of an Italian shopping promenade with hand-laid pavers creating a cobblestone street effect, stucco and stone column walkways, clay tile roofs and mosaic ornamental details. The Piazza, the central core of the center, will consist of a series of fountains and gardens surrounded by restaurants and covered by an arched portico.
“The foremost success of any development is location.” says Curtis Henderson, Vice President, CB Richard Ellis, “Vintage Park is conveniently located on the right side of the returning home traffic of a major freeway, Highway 249 and Louetta, and with construction of a neighboring master-planned community, Vintage Park will be first-of-its-kind for northwest Houston.”
Demographically, Vintage Park has a population of 78,662 at three miles with an average household income of $105,265. Hewlett-Packard’s headquarters are across the street along with 3,000,000 SF of office space and a daytime population of between 6,000 and 10,000 workers.
For information regarding this project and leasing opportunities, please contact Curtis Henderson, Vice President, or Elizabeth Bowman Clampitt, Associate, of CB Richard Ellis at 713.840.6500.
Vintage Park by Kickerillo PDF
