Update, 2/19: Weingarten says the brochure was a “vision book” that was released to the public in error.
“The time is right for redevelopment” of the Sears at 4000 N. Shepherd Dr., declares a brochure published online earlier this week by Weingarten Realty. The brochure, which appears to be part of a proposal to Sears, which owns the 11.7-acre western portion of the site, says the REIT plans to partner with the retailer to turn the sleepy department store and the Pine Forest Business Park directly to its east into a “wonderfully connected and designed retail shopping destination for Garden Oaks, Oak Forest and neighborhoods around it,” including a new grocery store and restaurants.
No site plan is included in the presentation, but Weingarten notes that it plans to keep “the 2nd longest operating Houston Sears” open in some form throughout the redevelopment. “Weingarten’s vision is to acquire adjacent land,” then “temporarily relocate Sears into an existing building” — the Family Bingo Center at 641 W. Crosstimbers — before scraping and redoing the whole site.
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