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Vintage Park: Houston

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Vintage Park

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

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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.

Link

Another article:

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

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