Pearland - Friendswood Edition | January 2022

DEVELOPMENT

The biggest developments to watch

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OTHER STORIES TO FOLLOW IN 2022

TOP DEVELOPMENT STORY TO WATCH IN 2022

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SPREADING OAKS BLOCK

MANVEL

MIXEDUSE DEVELOPMENT THE ALBRITTON Tannos Development Group will be breaking ground on a new project called the Albritton in 2022. A 112 Class A residential units B 11,000 square feet of chain retail C 9,000 square feet of small businesses D Multilevel parking garage (located in the middle of the building)

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288

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Manvel Town Center work continues Grocery store chain H-E-B will open a new location in 2023 in Manvel as part of Manvel Town Center, an in-progress development. Manvel Town Center is a 273-acre development located at Hwy. 288 and Hwy. 6, according to developer Weitzman’s website. While some other tenants have already been named, H-E-B will anchor the project and open in 2023 after breaking ground last June, according to Lisa Helfman, senior director of H-E-B public aairs for Houston. Other conrmed tenants include Jersey Mikes, Marble Slab, McDonalds, Smoothie King and Whataburger, according to Weitzman. Texas’ second Great Wolf Lodge sets sights on Webster Great Wolf Lodge, an indoor water park resort, will open in Webster, according to city agenda documents. The purchase and sale agreement between the city of Webster and Great Wolf Resorts was approved at the Nov. 16 Webster Economic Development Corp. meeting. In November 2020, the WEDC spent $2 million to buy a 35.36-acre tract of land to accommodate the new attraction, per agenda documents. The contract did not include the park location or build-out timeline. Webster Economic Development Director Betsy Giusto declined to comment on the park and directed all questions to Great Wolf Resorts but did say a formal announcement might happen in the rst quarter of 2022.

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SOURCE: TANNOS DEVELOPMENT GROUP COMMUNITY IMPACT NEWSPAPER

RENDERING COURTESY TANNOS DEVELOPMENT GROUP

Tannos Development Group to break ground on 2 Friendswood projects

The development is expected to be completed in 2024 and is estimated to cost around $31 million to build. Tannos said he expects the development will bring more business to Friendswood and create more jobs for the city. “We know that the housing market in Friendswood is ever expanding [and] ever growing,” he said. “We know that people are moving here. We are trying to bring more higher-paying jobs to the city.” Tannos Development Group will also break ground on the 1715 Project—a 106,000-square-foot Class A medical oce building—in the rst quarter of 2022, located at 1715 S. Friendswood Drive, Friendswood. No tenants have been conrmed for the $20 million project, Tannos said. Construction is expected to start in the rst quarter of 2022 and will be completed in the third quarter of 2023. Meanwhile, Friendswood City Council Member Trish Hanks brought up concerns over the 1715 Project at the Dec. 6 City Council meeting, saying there has already been congestion near the construction site before it started. “Especially since Mr. Tannos is going to be building another building there, … there’s going to be more conges- tion,” Hanks said. However, Tannos said the building should not add more trac to the area. Both projects are part of a larger $100 million investment into Friendswood’s downtown and surrounding areas that is expected to be fully complete in the next ve years, Tannos said.

BY SIERRA ROZEN

A newmixed-use development will break ground in Friendswood in 2022. Construction on the Albritton, which is funded by Tannos Development Group, is expected to begin in either the second or third quarter of 2022. Located at 408 S. Friendswood Drive, the development will contain 112 Class A apartment units on the top three oors with the bottom oor being devoted to 20,000 square feet of retail space, according to Tannos Development Group President Louis Tannos. One side of the building will feature 11,000 square feet of chain retailers, while the other side will feature 9,000 square feet of small businesses, Tannos said. “We’re going to try to target national-level chains for the front that will also allow a small boutique or a small cafe,” he said. One of the features of the space is it will have a multilevel parking garage on the inside of the horseshoe-shaped development, allowing it to not be seen from the outside. It will also include a new park area with walking trails, park benches and covered eating areas.

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PEARLAND  FRIENDSWOOD EDITION • JANUARY 2022

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