Houston Baptist University (HBU) kickstarts $3.9M retail projectHouston Baptist University (HBU) kickstarts $3.9M retail projecthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=123562016-03-03T06:00:00Z2016-03-03T16:00:00Z

​​​HOUSTON - Houston Baptist University has demolished some dilapidated retail on the Southwest Fwy. to develop The Pillars at HBU—a 30,000-sf retail development that will be complete in 2017.

Three building permits approved by the City of Houston indicate the development will cost roughly $3.9 million.

The development will be built on a 30-acre tract of university-owned land from 7406 Fondren Rd. to 7731 Southwest Fwy. 

Phase one of the retail development currently underway will include two 10,000-sf buildings and wrap up in June.

Phase two, which contains one 11,000-sf building, will deliver in January.

This retail development is a kick starter for the university's long-term expansion goals, Sandra Mooney, vice president of finance at HBU said, which will fill up the remaining space on the 30-acre plot.
Houston Business Journal
Houston-The Woodlands-Sugar Land

​See Houston Market Research​ for Retail reports.​

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