Johnson Development Corporation and Fidelis Realty Partners finalized the acquisition of a 112-acre tract planned for future retail development at the former site of Camp Strake.

"The opportunity to create a regional shopping experience at such a prominent location was very appealing," said Lynn Davis, principal and chief marketing officer of Fidelis Realty Partners. "We're looking forward to working with Johnson Development on this project."

The retail tract marks the first major property sale at Strake–The Grand Central Park, located about 4 miles north of The Woodlands at the southwest corner of I-45 and Loop 336 in Conroe. Fidelis Realty Partners plans to develop a regional shopping, dining and entertainment hub spanning 750,000 square feet. Construction is slated to begin in late 2016 with an opening to the public by early 2017.

The estimated 2,046-acre Strake property is planned to include a mix of residential units, retail areas, corporate offices and green space. For about 70 years, the Boy Scouts of America owned and managed Camp Strake before the Johnson Development Corporation acquired it in 2013.