Three items from the world of Houston shopping-center development:
- A suburban shopping-center developer complains to the Chronicle about Houston’s glut of bland suburban strip centers:
Retail developer Bobby Orr says the suburbs are overridden with unanchored strip centers, so his company is developing projects closer to the center of town . . .
Orr believes there are “only so many nail salons and dry cleaners” that can fill up suburban centers and that there’s pent-up demand in urban areas where housing density is increasing.
- As if on cue, two former Subway franchise owners tell the Houston Business Journal that they’re going to flood the Houston market with more than a hundred new Submarina sandwich shops. The first store opens the beginning of August, at I-45 and Airline.
- And speaking of anchors, the HBJ also reports that Staples will soon be rescuing shopping centers all around Houston from that nail-biting anonymity:
Staples officials are tight-lipped about the company’s plans for Houston, but local retail sources say they’ve seen Staples stores on as many as 11 different site plans for future retail developments ranging from Katy, to League City to Spring, as well as a close-in site at Post Oak and San Felipe.
Staples has already signed a lease for a new store at I-45 South and Almeda Genoa.
- Retail developer looks closer to downtown [Houston Chronicle]
- Staples lets ink dry on Houston deal [Houston Business Journal (subscription only)]
- News from the food and drink front [Houston Business Journal (subscription only)]
