HOUSTON, TX – March 1, 2019 – CityPlace, a new, best-in-class urban mixed-use district anchoring Springwoods Village, is gaining retail leasing momentum. Focus Optical, a boutique combining luxury retail and personalized eye care services, and LUX NOA Nail Spa, a purveyor of high quality salon services and treatments, have both executed leases in the burgeoning, 60-acre north Houston development that serves as the home to major employers including ExxonMobil, HP, Southwestern Energy and the American Bureau of Shipping. They join a roster that includes recently announced Island Grill, as well as soon-to-open Star Cinema Grill, a 10-screen, dine-in movie theater slated to unveil in June, plus 24 Hour Fitness, arriving in late 2019.
Represented by Tommi Linh Patterson of Xite Realty, Focus Optical will occupy a 1,984-square-foot ground floor space in CityPlace 1, a premier, five-story and 149,500-square-foot office building currently under construction facing the district’s central plaza. CityPlace, a joint venture of Patrinely Group, USAA Real Estate and CDC Houston, was represented by Nick Hernandez and Crystal Allen of Transwestern, along with Dennis Tarro of Patrinely Group. This is the second location for owners Thy and Christopher Nguyen, who debuted the niche concept in The Woodlands in 2016. It is slated to launch at CityPlace in later this year.
LUX NOA Nail Spa was represented by Greg Stackhouse of Stack Realty and will pamper clients in a 3,738-square-foot, street front space in 1401 Lake Plaza Drive. Nearing completion, the striking, two-story Gensler-designed structure is situated adjacent to Star Cinema Grill and will encompass 26,750 square feet of Class A office above 25,500 square feet of ground floor retail. This is also LUX NOA’s second Houston area address, following The Boardwalk at Towne Lake in Cypress. CityPlace was represented by Nick Hernandez and Crystal Allen of Transwestern, plus Dennis Tarro of Patrinely Group.
About CityPlace Springwoods Village
CityPlace is a 60-acre, fully-integrated, mixed-use development providing the growing area along the Grand Parkway corridor near the ExxonMobil campus with a new destination of choice, integrating working, shopping and living. CityPlace is the commercial urban center of Springwoods Village, a 2,000-acre master planned community situated along the west side of Interstate 45 between Springwoods Village Parkway and the Grand Parkway. For more information, www.cityplacespringwoods.com.
About Patrinely Group, LLC
Patrinely Group is a national real estate investment, development and management firm focused on large scale, Class A mixed-use, office and multifamily properties in major markets across the U.S. Recognized as a leader in real estate development since 1983, Patrinely Group has completed $10 billion in transactions and is experienced with all real estate asset classes. For more information, visit www.patrinelygroup.com.
About USAA Real Estate
USAA Real Estate, with over $21 billion in assets under management, provides co-investment, acquisition, build-to-suit and development services for corporate and institutional investors. The portfolio consists of office, industrial/logistics, multifamily, retail and hotel properties. USAA Real Estate is a subsidiary of USAA, a leading financial services company, serving military families since 1922. For more information, visit www.usrealco.com.
About CDC Houston
CDC Houston, Inc., (a subsidiary of Coventry Development Corporation (New York), is an experienced land developer with expertise in creating mixed-use urban communities that foster smart and responsible growth for commercial and residential vitality. Coventry has provided development services for mixed-use projects in New York, Colorado, Texas and Guam over its 45+ year history. In 2001, the company launched RidgeGate, also a sustainable, mixed-use community, in Lone Tree, Colorado which consists of 3,500 acres. For more information on CDC Houston, Inc.’s latest project, Springwoods Village, please visit: www.springwoodsvillage.com.