REGIONAL
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DEVELOPMENT
Development stirs on FM 1488 with $28.9 million Texas Department of Transportation overpass finished MAGNOLIA Magnolia-area residents will see development in the city of Magnolia’s eastern FM 1488 corridor begin to take shape this year, said Tana Ross, the city’s economic development coordinator and planning technician. With the completion in November of the Texas Department of Transporta- tion’s $28.9 million railroad overpass at FM 1488 and FM 149, developers are set to break ground this year on several residential and commercial projects along the city’s eastern span of FM 1488, she said. “The developers have been waiting said the overpass was one of the most needed projects locally in the last 20 years. “[The overpass] relieves so much P R O P O 1486 1774 1488 BURLINGTON NORTHERN SANTA FE RAILROAD +72.9% +22.9% +20.8% +6.2% 149 A BUDDING CITY Several new residential and commercial properties are slated for the Magnolia area in 2019 now that the FM 1488 railroad overpass is complete at FM 149. Traffic increase from 2014-2016 KEY: SOURCES:CITYOFMAGNOLIA,TEXASDEPARTMENTOFTRANSPORTATION/COMMUNITY IMPACTNEWSPAPER +14.3%
on a site plan for the 165-acre mixed-use development between FM 149 and Spur 149, which should be ready by the end of the first quarter of 2019. Zimmerman confirmed a movie theater, home-im- provement store, additional retail sites and townhomes are proposed. Additionally, Audubon Magnolia—a 3,300-acre master-planned commu- nity slated for FM 1488 west of FM 149—is set to bring 5,000 homes as well as commercial sites at build-out, Ross said. Construction of Audubon Magnolia began in late 2018, and the first homes are expected to be move-in- ready by the end of 2019, Mendes said. FULL STORY BY KARAMCINYTRE
construction this summer on a store in the Golden Triangle area—the triangle of land between FM 1488, FM 149 and Spur 149—after delaying the project until the completion of the overpass, Mendes said. H-E-B targets a late sum- mer 2020 opening, he said. H-E-B is part of a larger mixed-use development by development company Stratus Properties Inc. Stratus Proper- ties CEO Beau Armstrong said he could not provide a timeline for the grocer’s construction, but construction is mov- ing forward. H-E-B did not respond to requests for comment. Stratus representative Chessie Zim- merman said the company is working
congestion there. It’s probably 10 years too late, but it sure has made a huge difference [in] this part of the world,” Riley said. With overpass construction com- plete, residential and commercial properties—such as Texas-based grocer H-E-B and communities Audubon Mag- nolia, Mill Creek Estates and Reynolds Reserve—will begin taking shape along FM 1488 in 2019, City Administrator Paul Mendes said. H-E-B is scheduled to start
on that overpass because the backup of the traffic was so intense that it really would have been discouraging to any motorists to get off and come back on,” Ross said. The overpass provides drivers a direct route over the Burlington North- ern Santa Fe railroad at the intersection of FM 149 and FM 1488, relieving con- gestion and making travel smoother, Ross said. Montgomery County Precinct 2 Commissioner Charlie Riley
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The Woodlands edition • February 2019
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