Pet-friendly event set for Sunday theleadernews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theleadernews.com Daily Mail and Mail on Sunday newspapers.
The Common will sit on the edge of the GOOF and Acres Homes.
By
Kelsy Armstrong
3/5/2021 at 6:00am
The Common is heading to 1102 Pinemont Dr.Â
A 1980s-ERA STRIP CENTER AT 1102 PINEMONT DR NEAR ELLA Boulevard, is slated to become the areaâs newest mixed-use development, a modern and sustainable project called The Common. The developers behind it, Gulf Coast Commercial Group, a Houston-based retail development, management, and leasing firm, are also behind Block 14 at 3201 N Shepherd Dr (on the other end of Garden Oaks). Theyâre hoping the new project will bridge the communities of Garden Oaks/Oak Forest and Acres Homes. It also joins a handful of new developments sprouting up all over the GOOF.
The retail center at 1102 Pinemont Dr., which is home to Estherâs Signature Dish, is about to get a major overhaul.
Gulf Coast Commercial Group, a Houston-based firm specializing in retail development, management and leasing, bought the property in 2019 from Allen Family Investments. Gulf Coast recently announced plans for a project on the propertyâs nearly 3 acres called The Common, which would create a namesake, central common, incorporating both green space and a renovated plaza.
The remodel is an Opportunity Zone project. According to the City of Houston, the Opportunity Zone program was created by the 2017 federal Tax Cuts and Jobs Act to encourage businesses to develop and invest in low-income communities in Texas. There are 99 census tracts within city boundaries so designated by the governorâs office.
Gulf Coast Property Management buys MainStay Suites in Greensboro for $5 58 million bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.