Pearland's Shadow Creek reserves 40 acres for mixed-usePearland's Shadow Creek reserves 40 acres for mixed-usehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=27432014-10-20T13:24:00Z2014-10-20T00:00:00Z

PEARLAND - NewQuest Crosswell has broken ground on a 40-acre mixed-use development, The Reserve at Shadow Creek Ranch, along SH 288 in Shadow Creek Ranch.

It will include up to 300,000 sf of office space, a multifamily project and a 110,000-sf medical facility.

NewQuest Crosswell secured the property for Shadow Creek Ranch, which totals 200 acres, eight years ago and has been selling tracts to national retailers like Sam's Club along with medical providers like Memorial Hermann Healthcare System and Kelsey-Seybold Clinic.

This remaining 40-acre property is the last portion of those 200 acres and is planned to be the most dense. It is also the largest contiguous undeveloped property in the area, according to NewQuest.

Memorial Hermann is currently building a 230,000-sf acute care hospital nearby that will include 64 beds. It is slated to open in December 2015.

Last year, Kelsey-Seybold opened its new 180,000-sf corporate campus housing 1,200 employees. It is located about a mile northwest of The Reserve.

Houston Business Journal
Houston-The Woodlands-Sugar Land
http://www.bizjournals.com/houston/blog/breaking-ground/2014/10/large-track-in-growing-suburb-set-for-development.htmlRead more at {Source}

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