STAFFORD - A Dallas developer has closed on almost 200 acres that includes the former Texas Instruments Inc. plant for its first Houston-area project.
StreetLevel Investments and Provident Realty Advisors Inc. purchased 192 acres in Stafford to develop a mixed-use concept including:
Construction is expected to begin later this year, and Phase I of the $500 million, multiphase development should open in summer 2017.
The development will be anchored by a central green space with patio seating and a stage for live music. The central food hall is targeting artisan chefs and local purveyors that highlight the food and flavors of Houston.
The retail portion is targeting high-end brick-and-mortar stores as well as pop-up shops.
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