HOUSTON – (Realty News Report) – A joint venture of Patrinely Group, USAA Real Estate and CDC Houston announced 24 Hour Fitness has signed a long-term lease in CityPlace at Springwoods Village, in north Harris County.
“24 Hour Fitness is exactly the type of destination we want at CityPlace to make this an 18-hour urban center,” said Robert Fields, president and CEO of Patrinely Group. “We are receiving tremendous interest from actively marketing the balance of the retail space and hope to make more announcements soon.”
The two-story 24 Hour Fitness club will contain 38,000 SF. Said Chris Neidhardt, Director of Real Estate for the South Eastern U.S., 24 Hour Fitness: “With the continued development of the surrounding area and close proximity to the ExxonMobil campus, we are very excited about the future opening of our new club in CityPlace.”
CityPlace is a 60-acre mixed-use development near Interstate 45 and the Grand Parkway corridor near the ExxonMobil campus. CityPlace will include 4 million SF of Class A office space with 400,000 SF of retail space, a full-service Marriott hotel, a Star Cinema Grill and multifamily projects, when fully developed. CityPlace is the commercial urban center of Springwoods Village, a 2,000-acre master planned community north of Houston and south of The Woodlands. Exxon Mobil’s 385-acre campus with 3 million SF of space brings 10,000 employees to Springwoods Village.
“We are very pleased with the continued momentum of Springwoods Village as CityPlace becomes the new urban center in North Houston,” said Warren Wilson, executive vice president of CDC Houston, the master developer of Springwoods Village. “By the end of this year, we will have more than 20,000 highly-skilled, well-paid employees and residents in and around CityPlace, all of whom need and want access to quality retail amenities.”
Already completed in CityPlace are The Mark CityPlace, a luxury apartment community by Fein; Houston CityPlace Marriott at Springwoods Village, featuring the SwitcHouse Plates & Pours restaurant; and CityPlace Plaza, a public center to include an activated open space and an amphitheatre allowing for both private and public events. Projects scheduled to open in the Fall include ABS headquarters and HP Plaza, a two-building office campus.
CityPlace 1, which includes 122,700 square feet of office and 26,900 square feet of ground floor retail, and the CityPlace Mixed Use project, which includes Star Cinema Grill, have recently broken ground.
Dennis Tarro of Patrinely Group and Nick Hernandez and Crystal Allen of Transwestern represented the landlord. Jeff Hayes with New Quest Properties represented 24 Hour Fitness.