Development
BY TOMER RONEN
Texas-based developer NewQuest is adding over 700,000 square feet of retail, entertainment and restaurants to Missouri City’s Fort Bend Town Center. The development—located on Highway 6 and Fort Bend Parkway—is underway with its second and third stages, according to NewQuest’s website. Fort Bend Town Center’s rst stage—anchored by a 102,000-square-foot Kroger—includes Wells Fargo, Subway and Burger King, according to a brochure for the center. According to NewQuest, the nearly 300,000-square-foot second phase consists of: • 200,000 square feet of retail Town Center leasing ongoing
Fort Bend Town Center Following the completion of phase 1, o cials are working to ll the second and third phases.
Site plan phase 2
Phase 2 Businesses 1 Cinemark 2 Petco 3 Burlington 4 Ulta 5 Ross 6 Five Below 7 America's Best Eyewear 8 Nail Salon
Phase 3 Businesses 9 Available for lease 10 Proposed Wholesale Club 11 Proposed Crepe Cafe 12 Proposed Gyro Available Leased In negotiation
2
4
8
7
1
3
5 6
6
N
VICKSBURG BLVD.
Site plan phase 3
Fort Bend Town Center Multifamily units
METRO PARK & RIDE
W A
Phase 2
• 50,000 square feet of entertainment • 45,000 square feet of restaurants
Phase 1
HURRICANE LN.
Meanwhile, the development’s third phase has 11 spaces totaling 336,103 square feet available for lease, with three spots already leased, including one for a 104,759-square-foot wholesale club, according to the brochure. The development is also set to include multifamily housing and a park-and ride facility.
10
9 9 9
9
9
Phase 3
6 WATTS PLANTATION RD.
9 9 9
9
9
9
11
6
12
N
N
SOURCE: NEWQUEST COMMUNITY IMPACT
Zooming in
Why it matters
The area within a mile radius of the center has seen a 28% increase in population from 2020 to 2025, according to 2025 estimates from the 2020 Census. “We tried to pick these places that are going to bring people together and that people want to see, and Fort Bend Town Center is creating that destination along both major thoroughfares of the city,” Herman Rodriguez, Missouri City’s former economic development director, previously said.
The Class A+ multifamily units, temporarily known as Missouri City 1, by Sueba USA broke ground in early May, Community Impact pre- viously reported. However, o cials said the development will be given a permanent name closer to opening. The 346 units will range from 496 to 2,088 square feet with open-concept oor plans, with pricing determined by market value. Select units will include kitchen islands with wine racks and soaking tubs or walk-in showers. The development, located at 4150 Archer Way, will also feature community amenities, including: • A co-working station • Conference center • 24-hour tness club • Pool areas • Starbucks co ee station • Dog park and pet spa Missouri City 1 will also include covered
Missouri City 1 is set to bring 346 multifamily units to Fort Bend Town Center.
RENDERING COURTESY OF SUEBA USA
parking and optional detached garages with EV fast-charging capabilities. Construction is expected to be completed by fall 2026. The third phase also includes the $59.8 million Metropolitan Transit Authority of Harris County park-and-ride, which began commuter services for Fort Bend County residents in January, Community Impact previously reported. The facility provides rides for those heading to the Texas Medical Center, although the route can also be used to connect to additional destina- tions in the Greater Houston area.
Residential growth in the area
4,954 future homes 1,424 annual home starts 1,485 annual home closings $506,065 average home sale price
SOURCE: ZONDA COMMUNITY IMPACT NOTE: ZONDA ESTIMATES AS OF FOURTH QUARTER OF 2024.
19
SUGAR LAND MISSOURI CITY EDITION
Powered by FlippingBook