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Construction on a new mixed-use development in Conroe is about to start. Located near The Woodlands, the project is slated to include hotel sites, a multifamily project, and office and retail space.
The Houston-based NewQuest Crosswell is about to close on the purchase of the 118-acre land. The new mixed-use development in Conroe will be called Conroe Waterfront Center and will be built on a prime spot four miles north of Camp Strake and eight miles north of The Woodlands.
The multi-family project will be a luxury development by the Atlanta-based Buckhead Investment Partners Inc. The company has announced the development of 300 up to 350 units in the future community at Conroe Waterfront Center.
Services such as three hotel sites, 100,000 square feet of retail space and 700,00 square feet of office space are also part of the plans for Conroe Waterfront Center.
Conroe Waterfront Center is also going to be close to a 2 man-made lakes that are slated to be extended to be 28 acres.
NewQuest Crosswell has also said that it is likely to partner with another developer on the hotel projects - there are already four or five hotels interested in the location.
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Source: Houston Business Journal
Posted by Luis Tamborrel on
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