The Woodlands Edition | September 2022

DEVELOPMENT Grogans Mill Village Center sees new tenants, continued leasing challenges

FILLING SPACES

With two new business announcements this summer, the Grogans Mill Village Center is seeing some occupancy return. However, the anchor space formerly occupied by a Randalls remains vacant.

Coming soon

KEY:

Phat Eatery 2290 Buckthorne Place

BY ANDREW CHRISTMAN

Heather Brockus, owner of Artisan Culture, which is set to open Sept. 22, said she wanted to relocate to the area from her previous building on Sawdust Road because of the foot trac and the safety of the location for walkers and bikers. Bruce Cunningham, president of the Grogans Mill Village Association, said residents would like to see the anchor space lled, which has been empty since the Randalls closed in February 2020. “What we would love to have is a small grocery store like an Aldi or a Sprouts,” Cunningham said. Cunningham noted smaller stores, such as Aldi and Sprouts, are often around 18,000-20,000 square feet, and the former Randalls location is 57,000 square feet. Je Beard, owner of SVN J. Beard Real Estate, said the missing anchor makes leasing the shopping

2230 Buckthorne Place

With announcements this summer of two new businesses coming to Grogans Mill Village Center, changes are underway at the complex that saw its anchor store, Randalls, depart in early 2020. Leasing agents with SVN J. Beard Real Estate, one of the companies leasing space in the center, said there are unique challenges to leasing the oldest village center in The Wood- lands, but they remain optimistic and have recently lled several spaces. Alex Au-Yeung, chef and owner of the Katy-based Phat Eatery, announced in June that he will open a location at the center in early 2023. “It is not easy to nd great real estate in The Woodlands, but we have found the perfect spot with room to do the menu I have always wanted,” Au-Yeung said in an email.

Former Randalls space

Artisan Culture 2260 Buckthorne Place

7 Switchbud Place

Village center is 64% leased .

SOURCE: SVN J. BEARD REAL ESTATECOMMUNITY IMPACT NEWSPAPER

center dicult. “By denition, that [anchor] is the draw to the shopping center,” Beard said. “Those are the biggest hurdles to lling the space.” Looking to the future, Beard said he would love to see a comprehensive plan to redevelop the shopping center.

“I joined The Woodlands in 1997, and [Grogans Mill] was one of the rst projects I helped lease … For me, it would be full circle. I would love to see the project redone and redevel- oped,” Beard said. Vanessa Holt contributed to this report.

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THE WOODLANDS EDITION • SEPTEMBER 2022