Retail: 112 acres on Camp Strake site sold in ConroeRetail: 112 acres on Camp Strake site sold in Conroehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=29372014-09-29T08:46:00Z2014-09-29T00:00:00Z

CONROE - A 112-acre property at the corner of Loop 336 and I-45, part of the former Camp Strake property, has been sold. Plans for the site include a shopping, dining and entertainment destination spanning 750,000 sf.

The transaction represents the first major sale of the 2,046-acre mixed-use master-planned development. A range of residential options, from single-family homes to urban living designs, also are being considered for the rest of the land.

Johnson Development sold the tract of land to Fidelis Realty Partners. The Fidelis project is scheduled to open by early 2017 and construction will begin in late 2016.

“The opportunity to create a regional shopping experience at such a prominent location was very appealing,” said Lynn Davis, principal and chief marketing officer of Fidelis Realty Partners, in a statement.

Johnson Development purchased the former Camp Strake property in late 2013. Plans on the site also call for an open-air, mixed-use town center adjacent to the regional shopping area under development by Fidelis, said Doug Goff, Johnson’s chief operating officer.

Houston Chronicle
Houston-The Woodlands-Sugar Land
http://blog.chron.com/primeproperty/2014/09/developer-acquires-112-acres-on-camp-strake-site/#14048101=0Read more at {Source}

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