Monday, February 2, 2009

Mix use project across from NASA coming up

Vertical construction has begun on the first mixed-use project to be developed by Houston-based Griffin Partners Inc.
Martin Fein Interests Ltd. broke ground last week on 313 apartments in the previously-announced Nassau Bay Town Square project. The yet-to-be-named apartment complex is going up in the 31-acre development at the intersection of Nasa Parkway and Saturn Lane.
Site work on streets and utilities in Nassau Bay Town Square is expected to be finished in March. Construction of the retail portion will follow in the second quarter.
When the development is finished the apartment units will be joined by 600,000 square feet of office space in three buildings, 73,000 square feet of retail space, a 180-room Marriott Hotel, 24,000-square-foot conference center and the Nassau Bay City Hall.
First announced in April 2007, the new development replaced a dozen older office buildings that sat across from the entrance of NASA’s Johnson Space Center. For more information see: www.houstonrealtyadvisors.com or www.houstonrealtyadvisors.net