Construction on a two-building business park in Spring is expected to wrap up by the end of summer, commercial real estate firm Stream Realty Partners announced in a Dec. 16 news release.

At a glance: The Summit Grove Business Park will total more than 217,000 square feet near the intersection of the Grand Parkway and I-45, per the release.

The development is designed for small to mid-size tenants, with convenient access to fast-growing areas beyond the Spring community, including The Woodlands, Tomball and Conroe, the release states.

More details: Building one will span 125,600 square feet with a 32-foot clear height, and the second features a 91,520-square-foot design with a 36-foot clear height. Specific tenants are not known as of press time.

Quote of note: "We believe Summit Grove Business Park will fill a void in the market for tenants seeking a first-class facility in a smaller format, close to end-user rooftops and near retail amenities that employees desire," Stream Director Craig McKenna said in a statement.

• 21737 Holzwarth Road and 21811 Holzwarth Road, Spring

Stay Sharp Personal Training is opening soon, owner Tom Munguia said.

The gist: Stay Sharp Personal Training will offer personal training, body sculpting, kickboxing and a certified nutrition coach.

• Opening Feb. 7
• 10326 Lake Road, Ste. 105, Houston

The Houston Association of Realtors has named René Galvan as its new president and CEO, the first leadership change in more than three decades after longtime executive Bob Hale retired Jan. 31, according to a Feb. 2 news release.

What we know: Galvan has been part of HAR’s leadership team since 1996 and served as executive vice president since 1998, per the release. HAR officials said he worked alongside Hale early in his career to help shape the original concept for HAR.com, which launched in 1997 and has since expanded statewide.

In the release, Galvan said his focus will be strengthening the services and tools the association’s roughly 50,000 members use “in this rapidly changing real estate environment.”

HAR said Hale—who served as president and CEO for 37 years—retired after 53 years with the association. The board honored him with the title of CEO emeritus, and Hale said he was confident the organization is “in excellent hands” with Galvan leading it.

The Coastal Texas Project, also known as the Ike Dike, received $5 million in federal funding, the largest single federal investment in the project since Congress authorized the project in 2022. 

The overview: The $34 billion project aims to protect Houston’s critical energy and shipping corridors from storm damage by building a system of gates and dune systems designed to mitigate storm surge, according to previous reporting by Community Impact. 

The background: The 87th Texas Legislature established the GCPD in 2021, and it serves as the state sponsor for the project, according to the release.

Although the project was authorized in 2022, funding has been slow to come in, and the $5 million marks the largest single federal investment to date, according to the release.

Quote of note: “Texas is home to the largest concentration of oil and gas infrastructure in the United States, and safeguarding our coast from catastrophic storms protects every American,” Texas Land Commissioner Dawn Buckingham said in the news release.

Texas families can soon apply to receive state funds for private education or homeschooling under the state’s new education savings account program, known as Texas Education Freedom Accounts.

What's happening: The application opens at 9 a.m. Feb. 4 and is designed to be completed in about 15 minutes, according to the state comptroller’s office. Families can apply through 11:59 p.m. March 17.

Parents must submit information about their family's residency, household income, their children's educational history and each child's special education status, if applicable.

The details: To be eligible for the program, students must:

• Reside in Texas
• Be U.S. citizens or lawful residents
• Be eligible to attend a Texas public school, open-enrollment charter school or pre-K program