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Grocery-Anchored Center Proposed for Site Adjacent to Exxon Mobil Campus

HOUSTON – A 170,000-SF retail center, anchored by a Kroger, will be developed adjacent to the new 3 million-SF Exxon Mobil campus on the north side of Houston.

The retail center is being developed by a joint venture of the Regency Centers Corp. REIT and the CDC Houston organization.

The proposed retail center and the Exxon Mobil campus are located in the 1,800-acre Springwoods Village, which in being developed by CDC Houston.

Springwoods Village is a $10-billion, 1,800-acre, mixed-use community situated along the west side of Interstate 45 between Springwoods Village Parkway and the Grand Parkway. Designed for sustainability, the residential and commercial community will provide diverse housing options, civic facilities, outdoor recreation and a 60-acre CityPlace with office space, shopping, dining and lodging in an urban, walkable environment.

With a 100,000-SF grocery, the new retail center, called the Market at Springwoods Village, will open in the spring of 2017 at the intersection of Holzwarth Road and the Grand Parkway.

“The Market at Springwoods Village will add important shopping and dining amenities,” said Keith Simon, Executive Vice President and Director of Development for CDC Houston. “Its location serves not only Springwoods Village but the larger Spring community and will enhance the entire area’s quality of life. This announcement and the recent opening of the CHI St. Luke’s Springwoods Village Hospital are providing exciting momentum to start 2016 and move us closer to our goal of creating a ‘Complete Community’.”

The Kimco retail development firm recently announced plans to build a retail center in the area, near the Grand Parkway and Kuykendahl Road.

March 10, 2016

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