A 13,800-square-foot retail center to be located behind Floor & Decor at the intersection of the Grand Parkway and Hwy. 249 in Tomball is set to begin construction this summer, said Stephen Phiegaru, a managing partner at Palo Duro Commercial Partners. Palo Duro Commercial Partners and Collum Commercial are developing the project.
The big picture
The retail development behind Floor & Decor is part of several retail and industrial developments taking shape at the intersection of the Grand Parkway and Hwy. 249.
The development will have six to eight tenants, and preleasing has begun, Phiegaru said.
Quote of note
“We’ll be targeting fast-casual restaurants, medical, dental, service-oriented retailers that can service the immediate market right there over by Boudreaux,” Phiegaru said.
Another 0.95-acre tract is for sale at this intersection. Phiegaru said the developers are targeting smaller quick-service breakfast or coffee concepts for the land.
Construction on the retail development is anticipated to finish in the second quarter of 2024.