Office apartments are coming to Houston’s long-awaited mixed-use development, District West.
Ferguson Family Partnership expects to begin construction soon on second for sale in 100-acre development near southeast corner of Westpark Tollway and Grand Parkway, Houston Business Journal Report.
Construction on the $12 million Grand Park Pro project at 7103 South Peek Road began about a year and a half ago. The first phase of the development, comprising three buildings, has been completed and sold out. The second phase, consisting of four buildings, is 65% sold.
The company’s $14 million development at 21611 FM 1093, called Grand Park West, is still in the approval process. Construction on Grand Park West is expected to begin within the next two months.
The two developments have a combined 83,750 square feet of Class A office space, each situated on 5 acres.
The Ferguson Family Partnership is led by brothers Bobby and Corey Ferguson with Milton Allen as advisor. Bobby Ferguson and Allen have launched several projects under their “Grand Park” brand. They are also planning two office apartment projects in the Pearland area.
District West will become part of Parkway Lakes – a 1,300-acre master-planned community South of Houston’s Cinco Ranch area. District West plans to build 500,000 square feet of retail and restaurants, as well as offices, healthcare and a hotel, at an estimated cost of approximately $500 million. The developer expects to start vertical construction in the fourth quarter of this year.
The West End is currently home to the Kelsey-Seybold Clinic, a country dance hall, Whiskey River Restaurant and a theater run by the Star Cinema Grill. The developer had previously secured leases for Luna y Sol and Los Cucos Mexican Café, but the pandemic caused those contracts to fall through.
— Quinn Donoghue