conroe - amazon s3 · project developed by johnson development corp., broke ground in conroe in...

TODD N. EDMONDS, CCIM, SIOR

Dir 1+ 713 830 [email protected]

MICHELLE SODERBERGDir 1+ 713 830 [email protected]

LakeViewCentralState Hwy 105 & McCaleb Rd

Conroe, Texas

Lake Conroe

April Sound

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Lake Conroe Park

McC

aleb R

d

Diamondhead On Lake Conroe

Sand Shore

Preschool

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Tejas Creek Future SFR

±150 AC

Retail Shops

Master Planned Development

Capital Retail Properties Commercial Real EstateERIC WALKER Dir 1+ 281 816 [email protected]

> ±193 Acres

DEVELOPMENT HIGHLIGHTS:

LakeView CentralState Hwy 105 & McCaleb Rd., Conroe, Tx 77304

TODD N. EDMONDS, CCIM, SIORDir 1+ 713 830 [email protected]


Lake Conroe

> Master Planned Mixed Use Development

> Excellent Area Demographics with expansivearea growth.

> Frontage: St Hwy 105 - 1235’ McCaleb Rd - 1220’

(being expanded to 5 lanes)Future internal Lake View CenterOld Hwy 105 - 430’

> Utilities Available: City of Conroe

> Various New and Established Single FamilyResidential developments nearby.

> ± 5 miles to Woodforest±12 miles to The Woodlands Hills (FM 830)±17 miles to The Woodlands

> Close to established employment centers inThe Woodlands and Conroe.

> Fastest growing City & County

ERIC WALKER - CAPITAL RETAIL PROPERTIES Dir 1+ 281 816 [email protected]




Lake Conroe



Lake Conroe

Montgomery

Conroe

Teas Lakes1,175 Homes

Teaswood314 Homes

Westlake500 Homes

Wedgewood86 Homes

Walden5,200 Homes

Greystone Hills780 Homes

Silver Stone 200 Homes

April Sound2,200 Homes

Ridge Lake Shores150 Homes

McDade Estates150 Homes

The Landing at Seven Coves1,500 Homes

Lone Star Executive Airport

Crown Oaks560 Homes

Chasewood600 Homes

Stewart’s Forest2,400 Homes

Conroe Industrial Park

The Woodlands Hills

McC

aleb R

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Woodforest

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DB

C

3 Mile Radius A: I-45 @ Loop 366 South

B: SH 105 @ Loop 336

C: SH 105 @ Lone Star Parkway

D: I-45 @ Loop 336 N

LakeViewCentral

5 Mile Radius A: I-45 @ Loop 366 South

B: SH 105 @ Loop 336

C: SH 105 @ Lone Star Parkway

D: I-45 @ Loop 336 N

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C

AREA HIGHLIGHTS


Conroe and Montgomery will seecommercial, residential and infrastructuredevelopment in 2016 as several projects arecompleted or break ground this year.

Major residential developments in Conroe,such as Grand Central Park, Stillwater andFosters Ridge, continue to experiencegrowth as the housing market expands.Meanwhile, Montgomery is seeing a similarinflux of housing and commercial projects,such as a new Kroger Marketplace, along itseastern and western borders.

To meet the needs of incoming residents,the cities are improving roads and cityservices.

“We [have] a tremendous amount ofhousing development springing up allaround us,” Conroe Mayor Webb Meldersaid. “We are addressing all of the thingsthat come with a growing city in a fiscallyresponsible manner.”

Conroe Development ContinuesDevelopment in the city of Conroe continuesas developers move forward with newprojects as well as expansion of existingsubdivisions.

Conroe accommodating developmentA couple of major developments areexpected to draw new residents andcommercial projects to Conroe once they arecomplete, City Administrator Paul Virgadamo

said.

The Conroe city budget continuesto grow, largely because of a strong

sales tax performance by themanufacturing, wholesale, general

merchandise and food servicesectors.

Grand Central Park, a 2,046-acre, mixed-useproject developed by Johnson DevelopmentCorp., broke ground in Conroe in 2015. Theproperty includes the 336 Marketplace, a102-acre retail shopping center that isanticipated to open by the end of the year.The city also expects the Howard HughesCorp. to develop a 2,000-acre master-planned community near I-45 and FM 1097over the coming years.

Coupled with 635 new homes underconstruction and development of anadditional 731 new home lots at eight newor existing subdivisions last year, populationgrowth is expected to put a strain on cityservices, city officials said.

“Obviously more development brings morepeople and more traffic, so we have to dealwith more pressure on the system,”Virgadamo said. “We believe we areprepared for the growth.”

To meet demand, Virgadamo said the city isexpanding roads and services in rapidlydeveloping areas. Two mobility projects onthe city’s northern side will alleviate highlycongested areas, and recently implementedmunicipal infrastructure has led todevelopment interest in the city’s southernend, he said.

The city will expand Longmire Road from twoto four lanes from FM 3083 to League LineRoad in part because of the Howard Hughesdevelopment and growth in the nearbyWater Crest on Lake Conroe subdivision. Anadditional fire station is being designed thisyear to serve the area as well, Virgadamosaid.

This summer the city expects to complete aLeague Line Road extension from Hwy. 75 tothe Conroe-North Houston Regional Airport.The extension cuts through some of the city’s largest economic drivers and will alleviate traffic congestion along FM 3083, city officials said.

“With the opening of League Line Road, that is going to give [motorists] direct access to the airport, the industrial park and the technology park,” Melder said. “That is going to be a game-changer.”

Near the city’s southern border, a new Houston Methodist hospital is under development at the intersection of Hwy. 242 and I-45, said Nancy Mikeska, Conroe assistant director of community development. The FM 1488 corridoris also seeing an influx of multifamily housing such as The Mansions Woodland and The Towers Woodland in Conroe, she said.

Although the housing market is on the rise,city officials said they are wary of the possible effect of low crude oil prices on the housing market. However, the Conroe city budget continues to grow, largely because of a strong sales tax performance by the manufacturing, wholesale, general merchandise and food service sectors.

“Things have slowed a bit, especially onthe housing end, but it still looks good sohopefully we will continue to carry through,”Virgadamo said.

To meet the needs of incomingresidents, the cities are improving

roads and city services.

Major developments are expected todraw new residents and commercialprojects to Conroe

RESIDENTIAL• Grand Central Park by Johnson

Development: 2,046-acres mixed-use project

• The Woodland Hills:2,000 acre master-planned community

• The Mansions Woodland (Multifamily)

• The Towers Woodland (Multifamily)

EMPLOYMENT• New Houston Methodist hospital

INFRASTRUCTURE IMPROVEMENTS• Longmire Road expansion from two to

four lanes from FM 3083 to League Line Rd

• League Line Road extension from Hwy. 75 to the Conroe-North Houston Regional Airport

• New fire station

By Jesse MendozaPosted Jan. 27, 2016; Updated Feb. 16, 2016

Excerpt. For full article please visit:www.communityimpact.com/houston/citycounty/2016/01/27/conroe-montgomery-development-to-continue-in-2016/

CONROE, TEXAS – FASTING GROWING CITY IN THE U.S.


“Conroe, Texas, a Houston suburb, was the fastest-growing city in the nation last year with a population increased of 7.8%. That's a growth rate 11 times higher than the national average.” CNN Money

June 2, 2017

Conroe booming as America's fastest

growing city Houston Chronicle

May 26, 2017May 24, 2017

Economic summit forecasts growth in

Montgomery, Conroe and WillisCommunity Impact

April 21, 2017

Conroe named the fastest growing city

in the nation by the U.S. Census BureauCommunity Impact

Conroe is America's fastest growing

city, census revealsABC 13

May 25, 2017

The Census Bureau shows the

fastest-growing city in the U.S. is ...

Conroe, TexasUSA Today

May 25, 2017

http://money.cnn.com/gallery/real_estate/2017/06/02/fastest-growing-cities-census/index.html

https://www.houstonchronicle.com/news/houston-texas/houston/article/Conroe-booming-as-America-s-fastest-growing-city-11174748.php

https://communityimpact.com/houston/conroe-montgomery/city-county/2017/04/21/economic-summit-forecasts-growth-montgomery-conroe-willis/

https://communityimpact.com/houston/conroe-montgomery/city-county/2017/06/23/conroe-named-fastest-growing-city-nation-u-s-census-bureau-2/

http://abc13.com/news/conroe-is-americas-fastest-growing-city-census-reveals/2034296/

https://www.usatoday.com/story/money/nation-now/2017/05/25/census-bureau-shows-fastest-growing-cities-u-s/344945001/

AREA HIGHLIGHTS – LOCAL RETAIL, RESTAURANTS, & SERVICES


OUTLETS AT CONROE I-45 & N FM 3083 I-45 & LOOP 336 I-45 & SH 105

Carter’s Babies & KidsConroe Shoe ShopDress BarnJazzy JunqueKitchen CollectionMary’s FashionMauricesMotherhood Maternity OutletNike Clearance storerue21Sunglass HutUniform Factory Outlet

Ashley Furniture HomeStoreBath & Body WorksBed Bath & BeyondCavender’s Boot CityExxonEyeMastersFrost BankJusticeKirklandsLane BryantMen’s WearhouseRack Room ShoesSAS ShoesShoe CarnivalSprintThe Children’s Place

RestaurantsApplebee’sBuffalo Wild WingsOlive GardenRed LobsterWeng’s WokWild GingerHotelsFairfield Inn & SuitesWoodspring Suites

Aaron’sAl’s Formal WearCastle DentalChevronClip CutsExpress NailsFirst Financial BankMattress Brands DiscountersMontgomery Vision CareNorthern Tool and EquipmentPainting with a TwistRegions BankSewing and Vacuum WarehouseSpec’sStar Cinema GrillTuesday MorningRestaurantsCasa OleChili’sCulver’sEl Bosque MexicanHoney Bee Ham & DeliLos Cucos MexicanStarbucksTaqueria GomezTexas RoadhouseHotelsHampton Inn & SuitesHoliday Inn Express

FedExGold’s GymLeslie’s Pool SuppliesPier 1 ImportsPreferred BankSport ClipsT-Mobile

RestaurantsChick-fil-AChipotleFreebirds World BurritoPaneraRaising Cane’sSmoothie KingStarbucksThe Toasted Yolk Café

AREA HIGHLIGHTS – EMPLOYMENT


LOCAL EMPLOYMENTConroe ISD• 6,000 employees.• One of the fastest growing school districts in the

State with an average enrollment growth of approximately 1,500 students per year.

• 13th largest district in the State and 70th largestdistrict in the United States.

• Serves over 59,000 students over 60 campuses.• Largest district in the State to ever achieve the

highest rating of Exemplary in 2010.• Achievement scores continue are well above the

State and national averages: Conroe ISD graduationrate of 95.7% is one of the highest in the State.

• Selected by the Educational Results Partnership(ERP) and the Institute for Productivity in Education(IPE) as one of nine public school districts in Texasto receive the title of 2015 Honor Roll District.

• Received a 1.1 rating from the Education ResourceGroup (ERG) for high academic performance bystudents and efficiency in spending; the District is1 of 10 school districts in Texas to receive this topranking.

• One of only three of the 1,100+ public school districtsin Texas to be recognized six years in a rowfor high academic achievement while maintainingcost-effective operations.

Conroe Regional Medical Center• 342 beds, 1,200 employees, and more than 400

physicians on staff.• Recently expanded and fully renovated the

Emergency Department.• Recently opened a state-of-the-art, 20-private bed

Inpatient Rehabilitation Center.• Regional, tertiary referral center.

REGIONAL EMPLOYMENTThe WoodlandsExxonMobil Corporate Campus• 385-acre campus will house 10,000 employees

upon completion.• Among the 20 office buildings is a meeting and

training center designed to appear to float 80 feetabove a plaza and reflecting pool.

• 10,000 square-foot health and fitness facility.• Includes a child development center.

Southwestern Energy Corporate Headquarters• New corporate headquarters currently adjacent to

Springwoods Village.• 22-acre campus will house a 10 story, 515,000

square-foot office building.• Accommodates 1,000 employees.• Includes a conference center, wellness center, full

service dining facility, on-campus retail district ofsmall shops and service providers, and two maindining areas.

Memorial Hermann The Woodlands• 294-private bed, full-service, acute care facility• Employs over 780 medical staff physicians, 1,300

employees, and 250 volunteers• Features a diabetes self-management program, a

certified primary stroke center, sports medicine,rehabilitation and physical therapy, occupationaltherapy, speech therapy, registered dietitiansand an emergency center accredited as a Level IIItrauma center by the State of Texas

The Woodlands Town Center• 1,000-acre “downtown” of The Woodlands is one

of the most active commercial building marketsthroughout Houston.

• Contains over 6.9 million square feet of office space• Anadarko’s two iconic towers: 807,586-square-foot

Allison Tower and 550,000-square-foot Hackett Tower

• Other major employers (# of employees) includeAonHewitt (1,500), Baker Hughes (750), HuntsmanCompany (775), Chevron Phillips Chemical Company(611), US Oncology (600) and Entergy (443)

COLLIERS INTERNATIONAL1790 Hughes Landing Blvd, Suite 250The Woodlands, TX 77380 www.colliers.com



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17,423HH IN 5 MI RADIUS

43,308POP IN 5 MI RADIUS

$105,795HH INCOME IN 5 MI RADIUS


2018 DEMOGRAPHICS – 5 MILE RADIUS

Capital Retail Properties Commercial Real EstateERIC WALKER Dir 1+ 281 816 [email protected]

conroe - amazon s3 · project developed by johnson development corp., broke ground in conroe in...

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