DEVELOPMENT UPDATES
Construction starts on Magnolia Village The proposed Magnolia Village retail center is anticipated to yield $33 million in sales tax revenue for the city of Magnolia over two-plus decades, Patrick Egan, a developer from Gulf Coast Commercial Group, said during an April 12 Magnolia City Council meeting. “This is an extremely sales tax-intensive project, ... and 43 acres of the project are probably going to be retail, only 12 [acres] multifamily,” Egan said. Magnolia Village is a 60-acre mixed-use development proposed at FM 1488 and Spur 149 in Magno- lia, Community Impact Newspaper previously reported. Construction was projected to start May 2, Egan said. Retail building foundations and parking lot construc- tion are estimated to start in the third quarter of 2022 and will take approxi- mately a year to nish Phase 1. There are two phases. Phase 1 will include 36 acres with
COMMUNITY RD.
The Montgomery County a liate of the nonpro t Habitat for Humanity announced an 80-acre land gift from the Chimenti family in Magnolia.
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Habitat for Humanity of Montgomery County to begin development in Magnolia area
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Habitat for Humanity of Mont- gomery County announced April 18 a land gift of over 80 undeveloped acres from the Chimenti family at its annual Building Hope Gala. The nonpro t, which is an a liate of Habitat for Humanity International, builds homes for qualifying lower-income families and provides home repair services. In its announcement, Habitat Montgomery said the land in Magnolia will be used for 200 new homes as well as green space and a park. The organization is
completing construction on 129 homes in Cedar Creek in Conroe, according to Habitat board President Wayne Austin. Homebuilding on the Magnolia community will begin in 2025 after infrastructure is developed, according to the release. An exact location was not shared. “We chose to donate this land to Habitat Montgomery County because they make a ordable housing possible for hard-working people in our community,” Shirelle Chimenti said.
three retail buildings, 12 single-tenant pad sites and 300 multifamily units on nearly 12 acres to be developed by Trammel Crow Residential, according to an April 20 news release. Egan said Gulf Coast is o ering to maintain the landscaping and irrigation long term. “It will also help us market the shopping center to the highest and best uses, generate the best retail sales, and create an overall cohesive feel between us and our adjoining properties,” Egan said.
Pd. Pol. Adv. Degges Campaign, Jennifer Degges, Treasurer
TOMBALL! IS THIS THE CHANGE YOU WANT? Apartment Complex Coming Next to Arbor Gate
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Dec. 6th 2021 – City Council Meeting Lori Klein-Quinn – “ Voted Yes ” Nov. 8th 2021 – Planning and Zoning Meeting Dane Dunagin – “ Voted Yes ” Dec. 6th 2021 – City Council Meeting Chad Degges – “ Voted NO ”
TOMBALL HOMEOWNERS OPPOSED TOZONING
CHANGE: 15 TO 1
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360 Unit Apartment Complex Coming Soon. Is this the change you want to see for Tomball?
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