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Market briefs

Kingwood slated for Retail Center

Kingwood slated for Retail Center

Allen Crosswell

In Houston, NewQuest Crosswell has laid out plans to develop a 150,000-SF retail center on U.S. Highway 59 in the Kingwood area, northeast of Houston.

The project is planned for a 35-acre tract near Kingwood Parc Drive, between Loop 494 and Highway 59. The center is slated to have a number of restaurants and a 100,000-SF grocery anchor.

Houston-based NewQuest Crosswell has developed a significant number of centers anchored by Kroger, as stated by the developer’s managing principal Allen Crosswell, who spoke at the recent BoyarMiller Real Estate Forum.

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