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NewQuest is moving ahead on a piece of The Grand at 249, a $90 million retail development planned near the intersection of Hwy. 249 and the Grand Parkway in Tomball.
The Houston-based commercial real estate firm has started construction on 163,456 square feet of junior anchor space at the development, according to a May 11 news release from NewQuest.
The new space will house several major retailers, including Dick’s Sporting Goods, Ross Dress for Less, Burlington, Dollar Tree, Cavender’s, Petco, Sephora, Bath & Body Works and Milano Nails.
The gist: The junior anchor space makes up a little more than one-third of the 450,000 square feet of retail and restaurant space planned for The Grand at 249, according to the release.
NewQuest expects to deliver the junior anchor spaces for tenant finish-out in March 2027, with openings tentatively planned for the second quarter of 2027, per the release.
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