{"id":1004082304,"date":"2013-08-19T07:58:44","date_gmt":"2013-08-19T15:58:44","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=160245"},"modified":"2022-03-02T23:28:53","modified_gmt":"2022-03-03T07:28:53","slug":"cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\/","title":{"rendered":"CDC to Kick Off Phase One of Multi-Billion-Dollar Community in Houston"},"content":{"rendered":"<p><em>By Amalia Otet, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">CDC Houston Inc., a subsidiary of Coventry Development Corp. of New York, unveiled plans for phase one of Springwoods Village, a $10 billion, 1,800-acre mixed-use community in Spring, just south of The Woodlands and 20 miles north of downtown Houston.<\/p>\n<p style=\"text-align: justify\">Springwoods Village Town Center will include approximately 250 luxury apartment homes; a full-service hotel; office space <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/Springwoods-Village-Town-Center.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-160263 alignright\" title=\"Springwoods Village Town Center\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/Springwoods-Village-Town-Center.jpg\" alt=\"\" width=\"300\" height=\"219\" \/><\/a>in a variety of configurations; and as much as 100,000 square feet of retail space. Construction is slated to begin in early 2014. Development partners include Fein, Woodbine Development Corp. and the Patrinely Group L.L.C.<\/p>\n<p style=\"text-align: justify\">The Town Center was designed as a fully integrated mixed-use environment and incorporates a variety of sustainability features and green practices, including use of eco-friendly materials; preservation of natural ecosystems; building energy-smart new homes; and providing a walkable mix of retail, dining, offices and public amenities in an effort to reduce residents&#8217; dependence on cars.<\/p>\n<p style=\"text-align: justify\">\u201cTown Center will be the heart and soul of Springwoods Village because it will be where people go to eat, play, meet and relax,\u201d said Keith Simon, executive vice president of CDC, in a statement. \u201cWe will create a space that invites people to enjoy the beautiful Town Lake and plaza, whether they are taking a lunch break, dining out for dinner or shopping.\u201d<\/p>\n<p style=\"text-align: justify\">CDC Houston will join forces with Patrinely Group and USAA Real Estate Co. to develop a series of Class A office buildings.<\/p>\n<p style=\"text-align: justify\">All of the office buildings that front Lake Plaza Drive and Main Street will incorporate retail into the ground floors and will potentially total more than 1 million square feet of space.<\/p>\n<p style=\"text-align: justify\">Fein plans to break ground on a 250-unit high-end apartment complex with ground-floor retail along Lake Plaza Drive. Construction is expected to begin early in 2014. Fein is currently working on another apartment property in Springwoods Village, the 342-unit Belvedere on Holzwarth Road.<\/p>\n<p style=\"text-align: justify\">Woodbine Development will undertake construction of a full-service hotel with significant meeting\/event space on Town Lake, along the southern edge of the Town Center plaza. The hotel brand will be announced late in 2013.<\/p>\n<p style=\"text-align: justify\">Construction is currently underway on Southwestern Energy\u2019s new headquarters. To be located on a 25.6-acre tract along the eastern edge of Town Lake, the new building will house more than 1,000 employees currently working at five separate locations. Patrinely expects to complete construction of the 515,000-square-foot facility in late 2014.<\/p>\n<p><em>Rendering via Springwoods Village <a title=\"Mixed-use community in Houston\" href=\"https:\/\/www.facebook.com\/swvtexas\">Facebook<\/a> page<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CDC Houston Inc., a subsidiary of Coventry Development Corp. of New York, unveiled plans for phase one of Springwoods Village, a $10 billion, 1,800-acre mixed-use community in Spring, just south of The Woodlands and 20 miles north of downtown Houston. Springwoods Village Town Center will include approximately 250 luxury apartment [&#8230;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1589,21742],"tags":[39438,1815],"class_list":["post-1004082304","post","type-post","status-publish","format-standard","hentry","category-houston","category-latest","tag-houston","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CDC to Kick Off Phase One of Multi-Billion-Dollar Community in Houston - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDC to Kick Off Phase One of Multi-Billion-Dollar Community in Houston\" \/>\n<meta property=\"og:description\" content=\"CDC Houston Inc., a subsidiary of Coventry Development Corp. of New York, unveiled plans for phase one of Springwoods Village, a $10 billion, 1,800-acre mixed-use community in Spring, just south of The Woodlands and 20 miles north of downtown Houston. Springwoods Village Town Center will include approximately 250 luxury apartment [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-08-19T15:58:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-03T07:28:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/08\/Springwoods-Village-Town-Center.jpg\" \/>\n<meta name=\"author\" content=\"Amalia Otet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\\\/\"},\"author\":{\"name\":\"Amalia Otet\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9f6a1043b1429cf8ff129c75614caa73\"},\"headline\":\"CDC to Kick Off Phase One of Multi-Billion-Dollar Community in Houston\",\"datePublished\":\"2013-08-19T15:58:44+00:00\",\"dateModified\":\"2022-03-03T07:28:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\\\/\"},\"wordCount\":407,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2013\\\/08\\\/Springwoods-Village-Town-Center.jpg\",\"keywords\":[\"Houston\",\"National\"],\"articleSection\":[\"Houston\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cdc-to-kick-off-phase-one-of-multi-billion-dollar-community-in-houston\\\/\",\"name\":\"CDC to Kick Off Phase One of Multi-Billion-Dollar Community in Houston - 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