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NewQuest Readies Plans For Mo. City Shopping Center

Houston developer NewQuest Properties is planning to build a new shopping center near State Highway 6 and the Fort Bend Parkway in Missouri City.

Called Fort Bend Town Center, the project would be built in two phases. Phase one includes about 40 acres at the southwest corner of Highway 6 and the parkway.

This phase is planned as a 160,000- square-foot retail center with a grocery store as an anchor. Phase 2, at the southeast corner of the intersection, would be about 400,000 square feet.

The rest of the story can be found here.

Edited by ProHouston
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Given the current level of development at this intersection, this project would seem to be fairly isolated. Granted, Sienna Plantation is about two or three miles to the west and you do have the older subdivisions in Missouri City about two miles to the north, but there isn't much around right now.

Then again, this type of development often leads to thousands of new homes being built by a handful of homebuilders. Choice and Pulte are probably already licking their fingers...

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  • The title was changed to Fort Bend Town Center Developments
  • 2 weeks later...
  • 2 weeks later...

NewQuest expands Fort Bend Town Center, sells land to Sueba for apartments

https://www.bizjournals.com/houston/news/2021/08/24/newquest-expands-fort-bend-town-center-sueba-deal.html

The company announced Aug. 23 it sold 23.18 acres in two tracts to Sueba USA Corp. for a multifamily project and bought 86.14 acres "to expedite its expansion plan" for the mixed-use development.

Andrew Alvis, a senior associate at NewQuest, represented NewQuest in both deals. Darin Gosda and Todd Casper of CBRE represented the estate of John C. Werner in selling the 86.14 acres to NewQuest.

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