- Gross Cost: $82M PH1, $47M PH2
- Completion Date: 2017 PH1, 2018 PH2
GRAND PARKWAY MARKETPLACE I & II combine to create a 110-acre, approximately 695,000-square-foot open-air retail hub, located along the newly built Grand Parkway extension in the Greater Houston community of Spring, Texas. This ground-up development’s prime location offers retailers street frontage along Grand Parkway and a direct route to The Woodlands, a highly successful, upscale planned community just a few miles north of the shopping center. Many companies are expanding their presence in the surrounding area, including ExxonMobil (world headquarters), Noble Energy Inc., Southwestern Energy Company, CHI St. Luke's Medical Center, HP Inc. and Hewlett Packard Enterprise. The 488,000-square-foot Grand Parkway I opened in Q1 of 2017, anchored by Target, TJ Maxx, Michaels, PetSmart, Burlington, DSW, Ulta, and more, while the approximately 207,000-square-foot Grand Parkway II, anchored by Hobby Lobby and Academy Sports + Outdoors opened in the summer of 2017, followed by LA Fitness in late 2018. Grand Parkway I includes a restaurant village with a picturesque dining backdrop featuring attractive landscaping, a scenic lake and an active pedestrian boardwalk.