By Florian Martin Reporter, Houston Business Journal
A joint venture plans to build a 36,000-square-foot mixed-use development on Egret Bay Boulevard in Webster, close to the developer’s existing Marina Gate Shopping Center at Clear Creek, just south of NASA Parkway.
The project, which may be named Marina Gate 2, is still in the design phase, after which it will be submitted for permitting with the city of Webster, said Danny Sheena, owner of Bellaire-based SLS Properties.
SLS Properties and Kemah-based Mada Properties, owned by Moshe Allon, make up MDDS Egret Bay LLC, which also owns Marina Gate. The two companies, under different joint ventures, also own several other shopping centers around Clear Lake and focus on acquiring and developing properties in the area, Sheena said.
The planned Egret Bay development will have retail and restaurants, including fast food, as well as office space, Sheena told the Houston Business Journal. Some of those restaurants could be facing Clear Creek. There is enough parking to accommodate “multiple” restaurants, Sheena said, and the development will include two drive-thrus.
The company is preleasing potential build-to-suit space, and Sheena said some of the retail or restaurant space could be leased to owners of current Marina Gate tenants who want to expand. Marina Gate’s existing tenants include a piano bar, two restaurants, a daiquiris-to-go concept and a mattress outlet, among others.
Houston-based Diamond Development and Construction Group is designing the new retail center.
Sheena expects the design phase to take another two months and hopes to get started on the development within the next six months, after receiving the permits.
There are several retail and multiuse developments currently underway or in the planning stages in Clear Lake and the Galveston Bay Area, including Riverview at Clear Creek in League City, which will include a boardwalk, amphitheater and boutique hotel.
A Great Wolf Lodge is planned on the other side of Clear Creek in Webster.
Another developer has started construction on a $90 million, 27-acre mixed-use development on NASA Parkway, one part of which will be named Canals of Taylor Lake. It will include condos, townhomes and single-family homes, as well as a boutique hotel, retail, restaurants and office space.
And in December, a new H-E-B opened off Interstate 45 and El Dorado Boulevard, the first phase of 23-acre retail center called Eastfield at Baybrook, which will include 30,000 square feet of retail space and six outparcels along with open-air seating and greenery.