Designs for the development, known as the Brazos Lakes project, feature condominiums and townhouses, green space, a multipurpose clubhouse, office and restaurant space and a two-story parking garage, according to city documents.
STOA International Architects and LJA Engineering have been working with property owner T.M. Chen on this high-end development project, said Gregg Stephens principal of STOA. Preliminary estimates indicate the value of the entire project at $110-120 million, and construction is to be divided into two phases.
Once completed, the commercial and residential center would be similar to Sugar Land Town Square, said Justin Schrader, senior project manager of LJA Engineering.
“We’re hoping to begin design on phase 1 this fall,” Stephens said. “We’re hoping to start construction, probably, in a year.”
A minimum of 103,200 square feet of nonresidential building space is to be constructed as part of phase 1, according to city documents. Also slated for phase 1 is the construction of residential units, including condominiums for sale—half of which will be reserved for adults aged 55 years or older.
“How we structured the ordinance was 50-50,” Stephens said. “After we finish phase 1, we’ll step back and say, ‘OK, who did we sell to?’”
Whether phase 2 will feature an age restriction on residential units will depend on market demand, he said. The site is surrounded by the Colony Lakes and Quail Valley Thunderbird subdivisions.
“There’s been concerns about noise and lighting and stuff like that,” Stephens said. “We’ve addressed all that. [LJA Engineering] have done a very comprehensive traffic survey for the impact of traffic in the area. It’s a very comprehensive, well-orchestrated plan.”
The project has received much support from City Council, Stephens said.
“We’re very pleased with the project,” Mayor Allen Owen said. “It’s going to be a very nice [development], and we’ve talked about it a long time.”