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Friday, June 20, 2014

Urban district under way in Springwoods Village

Urban district under way in Springwoods Village

A rendering of CityPlace in Springwoods Village (Courtesy of Patrinely Group)
This rendering shows the first two buildings planned in the 60-acre commercial and high-density residential district slated for the Springwoods Village master-planned community north of Houston.

Developers released further details Thursday about the project called CityPlace. It was formerly known as Springwoods Village Town Center.

The first buildings, designed by Gensler, will total 440,000 square feet of space with shops and restaurants on the first floors. They will go up on the eastern end of CityPlace near a hotel, public plaza, lake and park system to be developed.

Patrinely Group, CDC Houston and USAA Real Estate Co. are developing the project, which also will include luxury apartments and hotel rooms.

In all, more than 4 million square feet of office space with ground-floor retail is planned for the site, where Interstate 45,  the Grand Parkway and the Hardy Toll Road come together.

The first building is expected to be completed by the end of next year. Harvey Builders is the general contractor. JLL will lease the office space, and Transwestern Retail will lease the shop space.

Houston multifamily developer Martin Fein will build a 268-unit apartment complex with first-floor retail in the project. And Woodbine Development Corp. is developing a full-service hotel with meeting space, as well as a Residence Inn by Marriott, located on the western end of CityPlace.

CDC Houston is developing Springwoods Village, an 1,800-acre planned community west of Interstate 45 in northern Harris County. It has attracted major energy companies, including Exxon Mobil Corp. and Southwestern Energy Co., and national development groups to build in the area.

By 2015, the development is expected to have some 11,000 people working in the community and 500 residents living there.

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