DEVELOPMENT Metropark Square to beginmultifamily construction
BY ANDREW CHRISTMAN
though two new businesses, Craw sh Cafe and Daiso Japan, have announced plans to open this year. “Demand has picked up dramati- cally over the last six months, and we are consistently receiving new tenant inquiries,” Moon said. The second phase will largely consist of the Metropark One Luxury Apartments, and future developments will consist of two more phases, according to the developer. Moon said additional phases of luxury apart- ments will bring the development to total 900 units. Additional future phases of retail and two more hotels
three-bedroom options available for future tenants, Moon said. Moon said the apartment complex will be completed by the end of 2023 with tenants moving in by early 2024. The SamMoon Group was nal- izing nancing for the apartment complex’s construction in early January, he said. Moon noted the coronavirus pan- demic has slowed bringing new ten- ants to the mixed-use development,
will complete the 70-acre develop- ment, he said. Plans were announced January 2021 to begin work later in the year on the water, drainage and sewer systems beginning around June. Shenandoah Mayor RitchWheeler said the city has been awaiting the next stage of the project. “We think this project will t in perfectly with the vibe and the atmosphere that Metropark has established,” he said. “This will give people who want to move to Shenan- doah a lifestyle option we simply didn’t o er before.”
Mixed-use development property Metropark Square in Shenandoah will begin expanding into the second phase of construction this April. According to Daniel Moon, vice president of developer SamMoon Group, construction for the Met- ropark One Luxury Apartments is
scheduled to begin in April. The apartments will feature 324 units and have one- to
Development of Metropark Square began in 2016 and is being completed in phases. The next phase will primarily focus on bringing the development’s rst apartment complex. METROPARK SQUARE METROPARK SQUARE TAKES SHAPE
June 2021 Water, drainage and sewer work begins for residential complex
April 2022 Construction of Metropark One Luxury Apartments begins
Q4 2023 Metropark One Luxury Apartments expected opening
March 2019 Metropark Square opens its rst anchor business with AMC Theatres
January 2020 Dave and Busters opens in Metropark Square
May 2021 Hyatt House hotel opens, completing primary anchors
April 2016 Construction on Metropark Square begins
2016
2023
SOURCE: SAM MOON GROUP COMMUNITY IMPACT NEWSPAPER
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THE WOODLANDS EDITION • FEBRUARY 2022
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