Stafford: StreetLevel 'calculates' 192 acres for mixed-use at former TI plantStafford: StreetLevel 'calculates' 192 acres for mixed-use at former TI planthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=118692016-01-26T06:00:00Z2016-01-26T21:00:00Z

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:

  • 350,000 SF of retail and restaurants, 
  • 2,400 residential units, 
  • Class A office space, 
  • two hotels and
  • a health club all built around a central food hall and park.

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.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/morning_call/2016/01/dallas-developer-buys-former-texas-instruments.htmlRead more at {Source}

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