Just a phase (one): Jones Crossing breaks ground | Just a phase (one): Jones Crossing breaks ground | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=17728 | 2017-09-22T05:00:00Z | 2017-09-22T22:00:00Z | COLLEGE STATION – Stratus Properties Inc. has obtained a $36.8 million construction loan to finance construction of the retail component of Stratus’ Jones Crossing mixed-use development project. Jones Crossing, situated on a 72-acre tract of land located near Texas A&M University, is expected to total approximately 258,000 sf of commercial space and will be developed in three phases.
Phase one:
The retail anchor phase, will be comprised of a 106,000-sf H-E-B grocery store, five mixed-use retail buildings totaling 47,250 sf, six pad sites for sublease, and utility and storm water infrastructure for the entire development.
Phase two:
It will include a 40,000-sf secondary anchor building and three build-to-suit pad sites for sublease.
Phase three: This phase is planned to include 600 student-focused multifamily units.
Construction of the first two phases of the Jones Crossing project has already begun.
The H-E-B grocery store is expected to open in mid-2018.
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